
ADM Investor Services reports soybeans fell $0.75, meal fell $28 and bean oil fell 180 points during October. December meal closed lower in 11 of the last 13 sessions and broke below its 200-day moving average, while Chicago wheat fell $0.70 and Kansas City $0.88 over the month.
Cattle futures sold off heavily on Friday amid tech-stock weakness and midterm worries.
Weaker South American meal premiums and abundant new-crop US beans are pressuring soybean meal, a key protein input for feed buyers, while fund liquidation adds downside risk. Routine price commentary with no fresh supply shock, so the signal for feed costs is mildly bearish.
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.