
A Rosario Stock Exchange report says soybean meal prices remain flat in real terms despite strong demand growth. Biofuel-driven crushing expansion in the United States and Brazil has boosted meal supply.
Heavier crush for oil driven by biofuels keeps meal supply ample, which caps meal prices even as demand rises. Feed buyers can expect soybean meal to remain relatively cheap against demand growth.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
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.