Soybeans set for biggest weekly gain in 2 months on strong demand

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Mar 4, 2020Soybeans rise on hopes for export demand, financial market gains | Financial Post-2.2%
• Sep 17, 2020Soybeans at 27-month high on Chinese demand, corn dips | Financial Post+0.3%
• Oct 23, 2019Soybeans pare gains after surge on China demand prospects | Financial Post-1.7%
• Aug 26, 2019Weekly Grain Movement – Another strong week for soybeans+1.6%
• Oct 14, 2020Soybeans rise on Chinese buying, dry Brazil weather | Financial Post+1.9%

After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.

• Oct 29, 2021Wheat set for best monthly rise since April on strong demand, supply crunch | Financial Post+9.5%
• Apr 13, 2021China's Q1 soybean, grains imports surge on strong demand+4.1%
• Dec 12, 2019Corn, wheat, soy rally on U.S.-China trade hopes, export demand | Financial Post+2.5%
• Oct 27, 2020Corn futures set 14-month high on strong export demand-2.3%
• Jan 29, 2021Corn holds firm near 7-1/2 year high on China demand | Financial Post-9.7%

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Oct 29, 2021Wheat set for best monthly rise since April on strong demand, supply crunch | Financial Post+2.9%
• Sep 17, 2020Soybeans at 27-month high on Chinese demand, corn dips | Financial Post-0.3%
• Mar 17, 2021Corn lingers around over one-week high on strong export demand | Financial Post+11.0%
• Oct 14, 2020Soybeans rise on Chinese buying, dry Brazil weather | Financial Post+2.8%
• Jul 16, 2020Soy, corn higher on improving export demand for U.S. supplies | Financial Post+0.8%