
Argentine soybean farmers have slowed sales as they wait for the US-China trade war to end, with only 16.2% of the expected crop sold by early March versus 30.5% a year earlier. The delayed selling comes as a bumper harvest approaches.
Slower farmer selling restricts near-term Argentine soybean and meal supply to export markets, which can support prices, but a large coming harvest may later add pressure.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.