Dalian soymeal futures contract 01 rose 0.76% to 3198 yuan/ton while rapeseed meal fell 0.94%. CBOT January soybeans fell 18 cents to 1216 cents/bushel as Iran peace talk expectations pulled crude oil sharply lower.
Brazil's soybean planting reached 56.4% by 30 October, ahead of last year and the five-year average.
Lower crude weakens the biofuel link that supports soyoil and palm oil, and fast Brazilian planting eases supply worries for soymeal. Palm oil is expected to trade in a low range given ample supply and rising Malaysian exports.
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.
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.