U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries - Manitoba Co-operator

After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.

• Jan 3, 2017U.S. grains: Soy hits six-week low on South American prospects - Grainews0.0%
• Sep 9, 2019U.S. grains: Corn, soy hit lows on weather, before technical bounce - Manitoba Co-operator+4.7%
• Jul 10, 2024U.S. grains: Soy futures fall to 2020 low on strong US crop prospects-6.1%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator-9.0%
• Dec 19, 2019U.S. grains: Soy futures ease on rains in South American forecasts - Grainews+1.0%

After 118 past bearish weather events, Soybean Meal moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% over 20.

• Jan 3, 2017U.S. grains: Soy hits six-week low on South American prospects - Grainews-1.0%
• Jul 10, 2024U.S. grains: Soy futures fall to 2020 low on strong US crop prospects-9.3%
• Dec 19, 2019U.S. grains: Soy futures ease on rains in South American forecasts - Grainews-1.1%
• Feb 7, 2017Markets waiting for certainty on South American summer crop - Grain Central+3.1%
• Oct 30, 2023U.S. grains: South America rains push soy futures down - Grainews+0.4%

After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.

• Sep 9, 2019U.S. grains: Corn, soy hit lows on weather, before technical bounce - Manitoba Co-operator-0.9%
• Jul 10, 2024U.S. grains: Soy futures fall to 2020 low on strong US crop prospects-0.8%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator+3.9%
• Oct 23, 2018Drier Weather Aids U.S. Harvests; Rains Boost South American Crops – Lakeview Grains, LLC-0.9%
• Oct 30, 2023U.S. grains: South America rains push soy futures down - Grainews-3.3%

After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.

• Jan 3, 2017U.S. grains: Soy hits six-week low on South American prospects - Grainews+2.7%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator+0.7%
• Oct 30, 2023U.S. grains: South America rains push soy futures down - Grainews+2.3%
• Oct 18, 2018Feed weekly outlook: Grains flood Alberta market - Manitoba Co-operator+0.3%
• May 16, 2020Going With the Grain: A nation-wide look at crop prospects - ABC News+0.6%