
Circana data showed refrigerated plant-based milk dollar sales fell 3% year over year and unit sales dropped 5% in the year ending September 6. Refrigerated soy milk dollar sales rose 12% and units gained 6%, while almond and oat milk sales declined.
Growth in soy milk supports demand for soy ingredients, although the plant-based milk segment is small relative to total soybean use and is unlikely to shift soybean prices materially.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.