
Soybeans, soybean oil, soybean meal and corn futures fell, with January soybeans reaching a new low for the move and December soybean oil settling at a six-month low. The December soybean crush margin narrowed to about $1.94, while the recap cited weaker palm oil and crude prices and a StoneX estimate of a 55-bushel-per-acre U.S. soybean yield.
Lower competing palm oil and crude prices weighed on soybean oil, while the higher private U.S. yield estimate added pressure to soybean supply expectations. The reported futures declines point to a bearish near-term tone for the listed crops and products.
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.