China’s soybean crush margin weakens - McKeany-Flavell

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Aug 8, 2022China's July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand | Checkout+3.4%
• Mar 24, 2021Weak crush margins likely to keep China's soybean demand low until May: sources | S&P Global-4.0%
• Apr 5, 2023China's soybean demand likely to remain soft until May amid poor crush margins-0.9%
• Jul 23, 2018U.S. Soybean Crush Margins at 2nd Highest Levels Ever+2.4%
• Nov 23, 2020China crushers wash out US soybeans amid tight margins: trade - Fastmarkets-1.1%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Aug 8, 2022China's July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand | Checkout+3.3%
• Sep 7, 2026Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins | Reuters+0.8%
• Mar 24, 2021Weak crush margins likely to keep China's soybean demand low until May: sources | S&P Global-0.5%
• Apr 5, 2023China's soybean demand likely to remain soft until May amid poor crush margins+0.2%
• Jul 23, 2018U.S. Soybean Crush Margins at 2nd Highest Levels Ever+1.8%

After 22 past bearish trade events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (41% higher; middle half -0.7% to +0.3%), and -0.3% over 20.

• Sep 1, 2019Yuan fall: Why is China's currency getting weaker?-0.5%
• Jun 19, 2020Yuan firms on report China will speed up US farm purchases - Markets - Business Recorder-0.1%
• Oct 26, 2021China's yuan inches higher after Sino-US talks - Markets - Business Recorder+0.2%
• Mar 11, 2026China’s Yuan Gets A Lift From Strong Exports - Finimize+0.1%
• Jun 1, 2020Yuan ends domestic session at 1-1/2 week high despite China-US tensions - Business & Finance - Business Recorder-0.8%