
Soybean futures rose at the start of Tuesday’s Chicago trading, while soybean meal also gained and soybean oil was nearly unchanged. Traders were awaiting the USDA’s monthly supply-and-demand report, including possible revisions to U.S. and global production, stocks, and demand.
The report could alter expectations for U.S. and global soybean availability and demand, potentially driving prices once published. Ahead of the release, soybeans and meal were higher, while soybean oil was slightly weaker.
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.