China buys Brazilian soy as hurricane damage limits US exports: traders - Markets

After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.

• Dec 23, 2020Soybeans gain as South American supply falters - Markets - Business Recorder+4.5%
• Aug 30, 2021Hurricane Ida damages Louisiana grain terminal, disrupts exports | Reuters-5.6%
• Sep 2, 2021Hurricane Ida Leaves Lower Mississippi River Largely Shut Down as Damage Reports Come In-1.5%
• Nov 2, 2022Palm oil jumps nearly 5% to 12-wk highs on supply woes - Markets - Business Recorder+0.6%
• Aug 31, 2021Concerns Arise for Soybean Exports Following Arrival of Hurricane Ida - Central Mo Info-2.8%

After 48 past neutral logistics events, Soybean Meal moved a median +0.7% over 5 sessions (60% higher; middle half -1.0% to +2.5%), and +0.7% over 20.

• Oct 11, 2021Brazil Soymeal Exports Soar As Drought Disrupts Argentina Export Route | ESM Magazine+0.4%
• Jul 20, 2020Argentina's loss in soy oil exports due to Paraná river drought is Brazil's gain - DatamarNews+1.5%
• Apr 22, 2020Aquafeed.com | Expected issues in the Brazilian soybean supply chain in a new record production year-2.5%
• May 1, 2024ECSA WATCH: Atlantic dry bulk market strength likely to wane in May on higher tonnage concerns+8.1%
• Jun 4, 2024Brazil’s Soybean Harvest Nears Finish Line+1.8%