Weather Concerns Limit Soybean Price Declines Despite Weak Demand for Meal and Oil

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Jan 30, 2026Soybean Futures Surge on Strong Meal Demand, Argentina Weather+3.7%
• May 6, 2024Rains in the South concern players; demand for soybean meal increases – Eita Gota+0.3%
• Dec 14, 2022Concerns over Argentine soybean crop raises meal prices in Brazil - DatamarNews-0.1%
• Nov 5, 2024Crop Watch: Low prices, weather headline producers' concerns for 2025+2.5%
• Apr 8, 2020Continues the speculative rise in prices for soybean and sunflower oil-1.5%

After 118 past bearish weather events, Soybean Meal moved a median -0.8% over 5 sessions (35% higher; middle half -3.2% to +0.4%), and -1.6% over 20.

• Jul 31, 2024Falling soybean oil prices weigh on other vegetable oil markets-1.0%
• Mar 12, 2026Brazil Crop, Midwest Weather Outlook for Soybeans+0.6%
• Dec 13, 2018Brazil soybean update and U.S. weather outlook - Morning Ag Clips-1.0%
• Jun 23, 2022Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb+6.1%
• Jul 29, 2026Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb-2.2%

After 49 past bearish weather events, Soybean Oil moved a median -0.5% over 5 sessions (43% higher; middle half -3.2% to +1.0%), and -0.3% over 20.

• Jan 30, 2026Soybean Futures Surge on Strong Meal Demand, Argentina Weather+0.8%
• Jul 31, 2024Falling soybean oil prices weigh on other vegetable oil markets-1.9%
• Aug 10, 2021US corn and soybean futures decline - Markets - Business Recorder-1.6%
• Jul 23, 2020Palm oil tracks soyoil fall, wet weather stokes supply concerns - Markets - Business Recorder-0.9%
• May 15, 2023Summer Soybean Meal Prices Resist New Lows-8.0%