
ADM's crushing profit rose from $13 million to $311 million on about 1.6% higher global production, with adjusted EPS up to $1.77 from $0.92. Stronger North American crush margins came from higher domestic biofuel demand after renewable volume obligations were finalized in March, alongside higher energy prices, and better plant reliability.
Stronger soybean oil demand for biofuels combined with firm meal demand widened crush margins, supporting soybean crush activity and oil and meal values. Future earnings depend on the crush spread, so bean costs rising faster than oil and meal values would squeeze plant economics.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 414 past bullish report events, SBM moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.