
Strong domestic crush demand is lifting soybean, soyoil and soymeal prices, according to American Soybean Association analysis. USDA shifted 35 million bushels of soybean use from exports to crush, and soyoil's price outlook was raised 7 percent on renewable diesel demand and tighter energy supplies.
Robust crush margins at multi-year highs encourage more processing, which supports soybean and soymeal supply demand and lifts soyoil prices tied to biofuel policy.
Not 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.