Insight: Spies, satellites, subpoenas: soy buyers play hardball with Brazilian farmers

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.

• Sep 1, 2021Brazil soy farmers hoard crops, betting prices will rise-2.2%
• Aug 8, 2019Chinese soybean buyers shy away from Brazilian cargoes as prices jump: traders+1.4%
• Oct 11, 2021Brazilian farmers also see fertilizer costs double-2.0%
• Jan 20, 2022China's 2021 soy imports from U.S. rise while Brazilian shipments fall | Reuters+3.5%
• Oct 8, 2018Chinese demand for Brazilian soy leaves biodiesel producers without feedstock : The Daily Digest-0.2%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Aug 8, 2019Chinese soybean buyers shy away from Brazilian cargoes as prices jump: traders0.0%
• Apr 3, 2019Farmers delay pricing soy in Argentina trade-currency wager-0.5%
• Mar 5, 2019Brazilian 2018/19 soy exports seen falling as much as 18% in part due to increased biodiesel demand : The Daily Digest-3.1%
• Aug 22, 2022Argentina farmers hoard soybeans in standoff with government | Agriculture News | Al Jazeera+4.8%
• Mar 3, 2018China soybean buyers will cope if U.S. trade spat hits imports: New Hope-4.7%