
Soybean trade in Chicago is moving sideways, with US harvest 88% complete as of November 1 and a private sale of 136,000 mt of soybeans to China. Brazil is slowing its soybean export pace, and Ukrainian rapeseed prices are falling on higher logistics costs.
Canada has raised its canola ending stocks forecast.
Higher Canadian canola stocks add supply pressure on canola meal and oil, and lower crude oil removes support from vegetable oil and biofuel-linked demand. Soybeans lack a clear trend while South American planting conditions are good.
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.