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CBOT soybean futures fell for six straight sessions to a four-month low. Favorable US weather and expected rain point to a large new crop, while funds sold long positions.
Weak US export sales and South American harvest pressure added to the decline.
Good US crop prospects and sluggish exports signal ample supply, which pressures soybean and meal prices lower.
mysteel.netJun 9, 2026After 363 past bearish weather events, SOY moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 118 past bearish weather events, SBM moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% 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.
