Indian soybean arrivals in spot markets are expected to decline from early January 2022 as Rabi harvesting begins. Soybean meal exports fell sharply in November, and Indian meal FOB prices are priced above Brazilian and Argentine origins.
Uncompetitive Indian soymeal pricing and reduced export flows support Brazilian and Argentine meal, while lower domestic arrivals tighten Indian crush supply.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.