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December soymeal futures rose eight straight sessions, with a ninth gain possible, the longest win streak since 2020. Prices broke through the 50-day and 100-day moving averages after a record US crush pace pushed meal to contract lows earlier in the year.
Argentina's tax-free export sales had previously driven prices down.
A technical rally with a record US crush pace expected for 2025-26 means ample meal supply, so the gain may be tested. Buyers should weigh the rally against the fundamental supply overhang.
dtnpf.comRhett MontgomeryOct 24, 2025Not 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.
Soymeal had a record eight-session win streak and broke through key moving averages, so technical momentum and short covering likely amplified the move.
