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Mintec announced it will launch weekly benchmark prices for U.S. Gulf FOB soybean meal, starting September 26, 2023. The assessment reflects transactable values at 16:00 London time and adds comparison granularity across exporting origins.
This is a price-reporting methodology change with no direct supply or demand impact on soybean meal prices.
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.