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Soybean prices fell at the Nagpur APMC on October 24 due to weak demand from local crushing plants and high-moisture arrivals. Soyoil and soymeal had no buyers, and Madhya Pradesh soybean prices also declined.
Weak crusher demand and no takers for soymeal signal soft domestic Indian soybean meal demand, a bearish sign for local crush margins.
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.