
May soybean meal futures hit a four-month high of $314.80 a ton on Thursday, and grains, livestock and energy all closed higher after a volatile week. Traders cited possible port closures in Argentina and Brazil tied to coronavirus government responses, plus higher crude oil.
Threatened South American port disruptions cut expected export availability of soymeal, supporting prices for feed buyers. Higher crude also lifts the outlook for biofuel-linked demand.
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 206 peristiwa logistik bullish sebelumnya, Kedelai bergerak median +0,5% selama 5 sesi (56% lebih tinggi; separuh tengah -1,3% sampai +2,6%), dan +1,4% selama 20 sesi.
Setelah 26 peristiwa logistik bullish sebelumnya, Minyak Mentah (WTI) bergerak median +1,2% selama 5 sesi (58% lebih tinggi; separuh tengah -5,1% sampai +9,5%), dan +2,0% 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.
May soymeal hit a four-month high on possible Argentine and Brazilian port closures, directly reflecting the supply-risk rally.
May soybean meal hit a four-month high on possible Argentine and Brazilian port closures, a supply-disruption driver of the late-week rally in the soy complex.
Port closure fears in Argentina and Brazil drove May meal to a four-month high; the report is dated a day after the move, but it reflects the same supply-disruption narrative.