
Corn and soybean futures fell sharply after the US paused nearly two weeks of daily strikes against Iran, and crude oil dropped. Corn fell as much as 3.3%, its largest intraday decline since mid-January, and soybeans fell as much as 3.4%.
Soyoil also slipped.
Corn, soybeans and soyoil are key biofuel feedstocks, so they tend to track crude oil. Lower energy prices reduce biofuel margin support and pressure grain and oilseed prices.
Na 87 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Maïs zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -1,5% tot +2,1%), en +0,3% over 20.
Na 53 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Sojabonen zich mediaan -0,3% over 5 sessies (47% hoger; middelste helft -1,9% tot +1,2%), en +1,0% over 20.
Na 28 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Sojaolie zich mediaan -2,7% over 5 sessies (21% hoger; middelste helft -8,3% tot -0,7%), en -2,1% over 20.
Na 255 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -2,4% over 5 sessies (31% hoger; middelste helft -7,0% tot +1,7%), en -5,0% 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.
The US pause in strikes on Iran pushed crude oil lower, cutting energy and biofuel-linked demand for soyoil, and it triggered a broad sell-off in soybean complex futures on the same day.
US pause in strikes on Iran sent crude sharply lower, and corn had its largest intraday drop since January as energy/ethanol-linked risk premium and sentiment unwound.
The US pause in Iran strikes pushed crude lower and triggered a broad sell-off in soybeans and corn, with soyoil also slipping on energy-driven sentiment.