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May soybeans fell the daily 70-cent limit to a more-than-two-week low on March 16, and May soyoil dropped the 350-point limit. Corn and wheat also declined, while cotton rose to a 4.5-month high on US-China talks in Paris.
Spillover from the soybean and soyoil limit-down moves pushed corn and wheat lower. Expanded price limits on Tuesday signal continued volatility for the soy complex.
profarmer.comPro Farmer EditorsMar 16, 2026After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
May soyoil fell the 350-point daily limit on March 16, the main downside shock inside the 5-day window ending March 19.
Confirms the limit-down day in soybeans and soyoil on March 16, which accounts for the size of the one-day drop.
