The weather phenomenon is accompanied by a rally for a major ag-tracking commodity index two-thirds of the time, data shows.
USDA reported daily sales of 330,000 MT of soybeans for delivery to China during the 2026-27 marketing year.
American Soybean Association pushes back on small refinery waivers
Profit-taking was seen across the grain and soy complex overnight, with technical support limiting the downside thus far.
Grains weaker overnight as “Turnaround Tuesday” looms