
Brazil raised its nationwide biodiesel blend to 10% after the target date was moved up a year. A Brazilian biodiesel producer estimates demand could rise by as much as 344 million gallons this year.
The article also says Brazil's Paris Agreement commitments could limit its ability to export whole soybeans to China.
Higher Brazilian biodiesel blending pulls soybean oil demand domestically and reduces crush-based oil availability for export. Any limit on Brazilian whole-bean exports to China would tighten global soybean supply and support prices.
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.
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.
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.