
Argentina shipped 30.2 million tonnes of soybeans and soybean-product equivalents from April through October, equal to 66% of projected full-season exports. Shipments included 3.88 million tonnes of soybean oil, 18.81 million tonnes of soybean meal and 5.31 million tonnes of soybeans, while domestic sales commitments have advanced more slowly than exports.
Firm export flows can tighten supplies available to domestic crushers and buyers, lending support to Argentine soybeans and products. Slower domestic selling may also leave more crop available to meet export demand later in the season.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), 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.