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Soybean crush capacity in the U.S. is expanding to meet soybean oil demand, which increases soybean meal output. Industry experts expect more meal to go to livestock feed and exports.
Meal prices fell to about $285 per ton in December 2024, a 10-year low.
Rising meal supply from expanded crushing puts downward pressure on soybean meal prices. Feed buyers may benefit from cheaper protein as long as export and domestic feed demand keep up.
chsinc.comFeb 25, 2025chsinc.comFeb 25, 2025Not 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.
