Mysteel soybean and relatives market daily: The bullish USDA report has been priced in, and livestock farming losses are constraining the soybean meal rebound

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.

• Oct 17, 2023Report Reaction Shows Differing Corn and Soybean Market Conditions - farmdoc daily+0.0%
• Mar 30, 2018The soybean market is shocked by the USDA report-1.1%
• Sep 13, 2023September WASDE: Ringing in 50 Years with Reduced Corn, Soybean Yields and Lower Livestock Production Expectations | Farm Bureau Intel Markets | American Farm Bureau Federation-1.2%
• Nov 12, 2021Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report+4.4%
• Mar 8, 2023USDA Crop Production Report Out Today: Lower Soybean Ending Stocks and Higher Corn - Oklahoma Farm Report-1.7%

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Jun 19, 2026Soybean meal and oil: global demand sustains market, but excess supply pressures prices in the second half of the year+1.2%
• Aug 14, 2024Soybean and corn prices are sharply dropping in global markets, with the cause still unknown.+1.2%
• May 19, 2026SunSirs: Analysis of the Impact of the USDA Soybean Meal Supply and Demand Report-1.1%
• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling+0.3%
• Mar 31, 2022PF Report Reaction: Corn, soybean planting intentions shock markets - Pro Farmer-2.3%