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.
Na 453 eerdere opwaarts weer-gebeurtenissen bewoog Sojaschroot zich mediaan +0,5% over 5 sessies (55% hoger; middelste helft -1,6% tot +2,7%), en +0,5% over 20.
Na 1.079 eerdere opwaarts weer-gebeurtenissen bewoog Sojabonen zich mediaan +0,3% over 5 sessies (54% hoger; middelste helft -1,4% tot +2,0%), en +0,9% 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.
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.