U.S. soybean futures rebounded after a sharp drop earlier in the week, as Argentina's Agriculture Ministry suspended agricultural export registrations until further notice. The move was seen as a precursor to higher grain export taxes under the new Peronist government.
Corn and wheat were mixed after a coronavirus-driven sell-off on Monday.
Expected Argentine export tax hikes would reduce Argentina's export competition in soy and meal, supporting global soybean and meal prices. Buyers should watch for the formal tax announcement.
Setelah 356 peristiwa kebijakan bullish sebelumnya, Kedelai bergerak median +0,1% selama 5 sesi (53% lebih tinggi; separuh tengah -1,2% sampai +2,3%), dan -0,9% selama 20 sesi.
Setelah 172 peristiwa kebijakan bullish sebelumnya, Bungkil Kedelai bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,5% sampai +1,7%), dan -0,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.