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Soybean quotations on the Chicago Board of Trade fell 1.83% between weekly averages, from 1,274.57 to 1,251.24 US cents per bushel. The report also notes that U.S. soybean harvest area was close to complete by October 18.
A lower CBOT soybean average and a near-finished US harvest point to ample near-term meal and bean supply, which weighs on soymeal prices for feed buyers.
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.