Fed Holds Rates Steady as Soybeans Break Support and Russian Grain Exports Expand

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.

• Feb 1, 2018U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest - AgCanada-1.3%
• Dec 28, 2021A Narrow Export Window Possible for U.S. Soybeans | Red River Farm Network-1.4%
• Jan 30, 2026China Turns to South America for Soybeans as U.S. Corn, Sorghum Exports Gain Momentum - RFD+3.7%
• Jan 13, 2026Argentina soybean exports forecast to rise | World Grain+1.9%
• Nov 6, 2019Panamax rates slide as trade war bites into US soybean exports to China-1.7%

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Oct 18, 2018Ukraine reduces the rate of grain exports, as Russia is stepping up+0.3%
• Jan 16, 2026Russian grain shipments grow as seaborne trade dominates exports-0.5%
• Jul 22, 2022'A beacon of hope': Ukraine, Russia sign grain export deal | AP News-10.2%
• Oct 21, 2024FEATURE: Ukraine grain exports soar amid price shifts and supply cuts-1.1%
• Feb 26, 2018Tops in Wheat, Russia Moves Up as a Feed Grain Exporter+1.4%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Aug 30, 2024US soybean export sales start slow amid global economic challenges | Feed & Grain+3.0%
• Dec 2, 2021China buys Brazilian and North American soybeans after falling prices - DatamarNews+2.0%
• May 25, 2023Ukraine sharply increased exports of soybean and sunflower meal in 2022/23 MR-2.3%
• May 6, 2020US Soybean exporters face new threats home and abroad | 2020-05-05 | Agri-Pulse Communications, Inc.+1.3%
• Oct 5, 2023Export sales support corn - Brownfield Ag News+1.1%