
Soybean futures fell to their lowest level in a decade as the escalating US-China trade war reduced hopes that China would resume buying American soybeans. The market is also dealing with an existing supply glut.
Loss of expected Chinese import demand adds to excess supply, pressuring US soybean and soymeal prices lower. Feed buyers may see cheaper protein supplies in the near term.
Setelah 803 peristiwa perdagangan bearish sebelumnya, Kedelai bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,7% sampai +1,7%), dan +0,9% selama 20 sesi.
Setelah 384 peristiwa perdagangan bearish sebelumnya, Bungkil Kedelai bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), 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 futures hit decade lows on 2019-05-13 as the escalating trade war cut hopes of Chinese buying, directly pressuring meal alongside beans.
Soybean futures fell to decade lows on May 13 as the trade war cut hopes of Chinese buying, with meal following beans.
Soybeans hit a decade low on May 13 on the escalating US-China trade war, a sentiment driver that set up the volatile move.