US soybean oil futures fell 0.6% in the week ended 28 October, their fourth straight weekly decline, with the December contract hitting a seven-month low. Soybean futures dropped 1.7% and soybean meal fell 3.6%, while crush margins declined 4.7%.
Falling soy oil, meal and crush margins signal ample supply and weak demand expectations, pressuring oilseed and meal prices, with the Brazilian real influencing trade flows.
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.
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.