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Soybean futures closed higher on February 25, with March soybeans up 8 3/4 cents to $11.48 1/4, supported by strength in soybean meal. Forecasts for drier weather in Argentina during its end-of-season period added to meal strength.
The EPA is expected to send its 2026 biofuel mandates to the White House OMB this week.
Dry Argentine weather tightens expected South American crush and meal supply, supporting soymeal prices for feed buyers. Pending EPA biofuel mandates could lift soybean oil demand and support the crush margin.
barchart.comAustin SchroederFeb 25, 2026After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% 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.
Feb 25 soybean gains were led by soymeal, with drier Argentine end-of-season forecasts raising South American supply concerns and the pending EPA biofuel mandate adding crush-demand support, directly tied to the end of the move window.
