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The USDA Economic Research Service released its September 2024 Oil Crops Outlook, a report covering soybeans, canola, sunflowerseed, cottonseed and palm oil. The page itself contains only a headline, keywords and download links for the PDF and tables.
Routine government outlook publications on oilseed supply and use give buyers a baseline for expected meal and oil availability, but the page offers no new figures that would move prices on its own.
ers.usda.govSep 16, 2024After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, SBM moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
After 114 past neutral report events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
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.
