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German market commentary says the US soybean planting season is nearly complete by end of June, and soybean meal prices are expected to fall further. The note describes weakness in the oilseed meal market.
Completed US planting points to a larger expected crop, which weighs on soybean meal prices and lowers feed protein costs for buyers.
zmp.deJun 25, 2019Not 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.
