# U.S. soybeans climb as soymeal gains sharply against soyoil | Financial Post

> CBOT January soybeans rose about 1.2% to $12.59-1/2 a bushel on December 14, 2021, while January soymeal gained $14.80 to $376.90 per short ton on strong spreading against soyoil. Soyoil fell to its lowest level since June, with the oilshare dropping to about 41%.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11707-u-s-soybeans-climb-as-soymeal-gains-sharply-against-soyoil-financial-post
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong meal demand from firm US cash markets, lysine tightness and expected Chinese hog feed needs supports meal prices, while weaker soyoil reflects falling vegetable oil markets. The meal-oil spread shift favors feed buyers' cost of protein relative to oil.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-soybeans-climb-as-soymeal-gains-sharply-against-soyoil-2

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