Dalian soybean meal futures rose 3% in early trading, their biggest daily gain since June 2018. The move followed delayed US soybean sowing, which analysts said could limit US yields.
Continued US-China trade tensions also kept Chinese sentiment bullish.
Delayed US planting and reduced expected US supply tighten the global soybean meal market and support higher feed protein prices. Ongoing trade uncertainty adds to the upward pressure.
Setelah 453 peristiwa cuaca bullish sebelumnya, Bungkil Kedelai bergerak median +0,5% selama 5 sesi (55% lebih tinggi; separuh tengah -1,6% sampai +2,7%), dan +0,5% selama 20 sesi.
Setelah 1.079 peristiwa cuaca bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,0%), 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.
Dalian soymeal jumped 3% on May 29 on delayed US sowing and yield concerns, showing global meal/bean price pressure at the end of the window.
Dalian meal futures jumped 3% on delayed US sowing and trade tensions, reflecting the same bullish sentiment spilling into global meal prices on the final day.