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US soybean crush capacity is expanding rapidly, with at least 14 new soy processing projects underway and about 450 million bushels of added soybean demand expected in the next few years. The expansion is driven by renewable diesel demand for soybean oil, and some crush capacity additions are not yet quantified.
Added crush capacity raises demand for soybeans and increases meal and oil output, supporting soybean prices while adding supply to soybean meal.
dtnpf.comMatthew WildeMay 13, 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.
