Falling demand for soybean meal expected in EU

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Nov 26, 2021Soybean output up in Europe, but fall off in demand predicted for non-GM meal-0.6%
• May 26, 2020Soybean prices expected to fall despite growing demand | Feed Strategy-0.4%
• Jul 31, 2019Prospects for soybean demand - Morning Ag Clips-1.7%
• Jul 21, 2023Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand+4.5%
• Jan 5, 2020Soybean Meal Exports – LACO Commodity Research+0.9%

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Nov 26, 2021Soybean output up in Europe, but fall off in demand predicted for non-GM meal-1.8%
• May 26, 2020Soybean prices expected to fall despite growing demand | Feed Strategy+0.9%
• Jul 31, 2019Prospects for soybean demand - Morning Ag Clips-3.5%
• May 10, 2017Updated Supply and Demand Expectations for Corn and Soybeans in 2017/18 | Farm Bureau Intel Markets | American Farm Bureau Federation+1.1%
• Jul 21, 2023Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand+2.5%