# Global Commodities Newsletter Jan 2022 - ADM Investor Services

> ADM's January 2022 commodities newsletter summarized the USDA January report as neutral for corn, positive for soybeans and negative for wheat. It noted March soymeal fell on better Argentina weather while March soyoil rose on biodiesel demand talk and higher palm oil prices, and that March Chicago wheat rebounded on Russia-Ukraine tensions.

- Date: 2022-01-21 · published 2022-01-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10894-global-commodities-newsletter-jan-2022-adm-investor-services
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Soymeal weakness reflects expected South American supply recovery, while soyoil strength tied to biodiesel demand and palm oil supports oilseed crush margins. Wheat's geopolitical premium adds upside risk for feed wheat substitution costs.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: neutral
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Sources

- admis.com: https://www.admis.com/global-commodities-newsletter-jan-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.