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A commodity market report says US soybean crush hit a record 5.87 million tonnes for October, with crush rates high in most countries. Soya prices eased week on week, South American weather looks favourable, and European rapeseed meal supply is tight.
Heavy crush adds meal supply and eases soybean meal prices, while tight European sunmeal supports rapeseed meal demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.