# Changing of the Guard in the Soy Complex

> March soybean meal closed up $10.10 to $365.90 in the week before December 13, 2021, its highest close in four months, with the December contract trading $12 over March. March soybean oil fell 3.31 cents to 53.76 cents, its lowest close in five months, after breaking a long uptrend on November 30.

- Date: 2021-12-13 · published 2021-12-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11710-changing-of-the-guard-in-the-soy-complex
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Lysine](https://feedsoft.ai/c/LYSINE.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A lysine shortage is boosting meal demand as end users pay up for physical supply, supporting meal prices. Soyoil weakness reflects falling palm and biodiesel-related demand expectations, shifting the crush margin toward meal.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2021/12/13/changing-guard-soy-complex

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