
July 2022 soymeal futures rose $23 per short ton to close at $438.10 in the week ending June 17, while soybean oil fell nearly 6 cents to $0.7379 per pound. U.S. soybean planting reached 88% by June 12, roughly in line with the five-year average, though North Dakota and South Dakota emergence lagged.
Argentina will raise its biodiesel blend from 5% to 12% for 60 days before settling at 7.5%.
Argentina's temporary biodiesel blend increase supports domestic soyoil demand and reduces export availability of oil, which can tighten meal-oil balance and firm soymeal values.
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.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% 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.
Soybean oil already fell nearly 6 cents in the prior week, showing the selling momentum that continued into June 20.