Soybeans closed higher on May 3 after meal gains of $8 to $15.90 per ton on Thursday. Flooding in southern Brazil, where Rio Grande do Sul was only 66% harvested, was cited as a bullish factor.
StoneX kept its Brazil soybean estimate at 150.8 million tonnes.
Flood-related harvest delays in southern Brazil can slow supply arrival and raise export competition concerns, supporting soybeans and meal. The impact is limited unless losses or delays become substantial.
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.
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.
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.
Meal gained $8-15.90/ton on southern Brazil flooding with Rio Grande do Sul only 66% harvested, a supply concern fueling the rally.
May 3 gains in soybeans and meal on Rio Grande do Sul flooding (only 66% harvested) cut expected Brazilian supply, a direct driver within the 5-day window.
May 3 meal gains of $8 to $15.90/ton on Rio Grande do Sul flooding (only 66% harvested) directly lifted soybean meal into the move window.