December CME soybean oil broke below its 66.00 cent chart support, printing an intraday low of 65.55 cents before trading near 65.97 cents per pound. The article also cites collapsing D4 RINs and paralyzed Rhine logistics.
A technical breakdown combined with weaker biofuel credit values points to lower soyoil prices, while Rhine disruptions add logistics friction for European feed and oilseed flows.
After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
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.