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Soybean futures were slightly lower early on Monday, November 2, after November contracts fell 70.75 cents in October. Export commitments reached 28.78 million MT, 80% above last year, and soymeal futures were lower.
Strong export commitments support demand, but a sharp monthly price decline and soymeal weakness point to soft feed-ingredient prices.
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.