
USDA's December WASDE cut Brazil's 2023-24 soybean crop estimate by 2 million tons but raised the 2022-23 crop by the same amount, carrying that over as carry-in supply. Exports for the current crop were raised by 2 million tons, and the net effect was roughly neutral.
Soybean futures saw some profit-taking after the report.
The offsetting revisions leave total Brazilian soybean supply largely unchanged, so the effect on soybean meal and oil prices is limited. Brazil's final crop size will still depend on the next 45 days of harvest.
Setelah 563 peristiwa laporan netral sebelumnya, Kedelai bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan -0,1% 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.