
ADM's buying activity set off a frenzy in the US soybean market ahead of the new biofuel blend rule. Falling basis values reflect expectations of a large autumn harvest and weak demand that has squeezed crush margins.
Oversupply of meal and oil from expanded US crush capacity pressures soymeal and soyoil prices, while weak crush margins can reduce processing and soybean demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.