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Oil mills are reporting crushing profits even as soybean meal prices decline, according to a Jinshi Futures graphic on crushing margins. The article is a short data graphic with little explanatory text.
It frames crush economics as a driver of soymeal and soyoil markets.
Strong crush margins encourage continued high crushing rates, which keeps meal supply heavy and pressures meal prices while supporting soyoil output.
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.