Argentine crushers pulled meal and oil offers from the spot market as an oilseed workers' strike persisted. No old-crop soyoil or soymeal offers were available at Up River.
January soyoil shipments were bid 5.20 cents over CBOT, and industry losses from the strikes were estimated at about $300 million.
Argentina is the world's largest soymeal and soyoil exporter, so withheld supply tightens global meal and oil markets and supports prices.
Setelah 167 peristiwa logistik bullish sebelumnya, Bungkil Kedelai bergerak median +0,5% selama 5 sesi (54% lebih tinggi; separuh tengah -1,8% sampai +2,9%), dan -1,2% selama 20 sesi.
Setelah 85 peristiwa logistik bullish sebelumnya, Minyak Kedelai bergerak median +0,7% selama 5 sesi (64% lebih tinggi; separuh tengah -1,3% sampai +2,7%), dan +3,1% 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.
Argentine crushers pulled meal offers from the spot market during the oilseed workers' strike, directly tightening global soymeal supply (Argentina is the top meal exporter) and starting the rally.