Loading…
Corn closed 3-5 cents lower on May 13 and old-crop spreads weakened. USDA reported 62% corn planting, the fastest pace in four years.
Soymeal fell $3.50-$5 while soybean oil rose 160 points, and July beans briefly tested the day's high.
Fast planting and favorable weather reduce weather premium in corn, while soymeal weakness reflects ample crush supply and bearish meal pressure.
admis.comMark SoderbergMay 13, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
May 13 soymeal fell $3.50-$5 per ton, so it is part of the price path into the May 14 move, which may reflect a rebound or reversal in that selloff.
