
Soybeans traded higher at midday on February 25, with March soybeans up 6 1/2 cents at $11.46, led by soymeal. Soymeal futures gained $7.60 to $8.10 in the front months while soybean oil fell.
Argentina's forecast for drier weather was cited as supporting meal.
Drier Argentine conditions raise the risk of lower South American soybean and meal output, supporting meal prices. Soybean oil weakness reflects a shift in crush economics that feed buyers should watch.
After 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 49 past bearish weather events, Soybean Oil moved a median -0.5% over 5 sessions (43% higher; middle half -3.2% to +1.0%), and -0.3% 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.
Midday Feb 25 soymeal futures rose $7.60-$8.10 in the front months on Argentina dryness, directly confirming the meal-specific rally on the final day of the window.