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New soybean processing plants in North Dakota are expected to shift the state's output from whole-bean exports toward domestic crushing and greater soymeal exports. Whole-bean shipments to markets such as China would decline as a result.
Growing domestic crush increases soymeal supply while reducing whole-bean export demand, shifting value toward meal and oil and pressuring soybean basis in export-oriented regions.
reuters.comKarl PlumeNov 14, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
