
Grain SA is seeking an interim interdict against the JSE's decision to drop the soybean Multiple Reference Point pricing model in favour of a single reference point. The interdict will be heard on 6 November 2026, while a separate review application was filed on 26 October.
Changes to South African soybean reference-point pricing affect local soybean price formation and regional basis differentials, which feed buyers track for domestic soybean meal costs.
After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
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.