
U.S. soybean export sales fell to a seven-month low in the latest week, according to government data. Stiff competition from Brazil and concerns over lower U.S. crop quality reduced demand from buyers such as China, and futures fell sharply in Chicago.
Weaker U.S. export demand and Brazilian price competition weigh on soybean and meal prices, giving feed buyers a softer near-term outlook for U.S. soy products.
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.
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.