
Bloomberg reports soybean futures fell 14 percent in June, the largest loss in four years, as U.S.-China tensions escalated. The article notes that Brazil harvested a bumper crop and U.S. farmers planted one of the highest soybean areas on record, with favorable growing conditions so far.
Ample Brazilian and U.S. supplies combined with threatened Chinese demand keep soybean prices under pressure and weigh on soy meal and oil.
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.
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.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% 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.