# Good times here to stay for oilseed crushers - except in Argentina - Grain Price News

> Archer Daniels Midland said crush margins are strong, supported by demand for soybean meal in livestock feed and for oil used in cooking and biodiesel. Its CEO said chicken producers source most of its soymeal orders and that meal has a cost advantage over corn and wheat in rations. Canola crush margins in Europe are also very strong because of biodiesel demand.

- Date: 2022-07-27 · published 2022-07-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/14019-good-times-here-to-stay-for-oilseed-crushers-except-in-argentina-grain-price
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Firm feed-meal and vegetable oil demand supports crush margins and keeps soybean meal and oil prices supported. Strong biofuel-linked oil demand adds further support to the oil side of the crush.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/07/27/good-times-here-to-stay-for-oilseed-crushers-except-in-argentina/

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