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July 2022 soymeal futures rose $23 per short ton to close at $438.10 in the week ending June 17, while soybean oil fell nearly 6 cents to $0.7379 per pound. U.S. soybean planting reached 88% by June 12, roughly in line with the five-year average, though North Dakota and South Dakota emergence lagged.
Argentina will raise its biodiesel blend from 5% to 12% for 60 days before settling at 7.5%.
Argentina's temporary biodiesel blend increase supports domestic soyoil demand and reduces export availability of oil, which can tighten meal-oil balance and firm soymeal values.
mckeany-flavell.comNicole Thomas20 jun 2022Na 172 eerdere opwaarts beleid-gebeurtenissen bewoog Sojaschroot zich mediaan +0,0% over 5 sessies (50% hoger; middelste helft -1,5% tot +1,7%), en -0,8% over 20.
Na 842 eerdere opwaarts beleid-gebeurtenissen bewoog Sojaolie zich mediaan +0,2% over 5 sessies (52% hoger; middelste helft -1,6% tot +2,1%), en -0,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Soybean oil already fell nearly 6 cents in the prior week, showing the selling momentum that continued into June 20.
