# Soybean Crush Demand Still Strong - ADM Investor Services

> Soybean futures were mixed on May 28, with July soybeans near 12.43 and July soymeal near 384.9 as US crush demand stayed strong and the board crush hit 100 cents. Traders cited rumors of Chinese interest in US summer soybeans and some expectations of higher US acreage than USDA's 86.5 million.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30319-soybean-crush-demand-still-strong-adm-investor-services
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong crush margins support soybean meal and soybean oil demand, while possible larger US acreage would add to future supply and weigh on prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- admis.com: https://www.admis.com/soybean-crush-demand-still-strong/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.