# Soybean meal prices show their strength - Brownfield Ag News

> Analyst Don Roose of U.S. Commodities says soybean meal prices remain strong because Argentina, the largest meal supplier, has a deficit after last year's drought. Strong export sales and solid domestic crush demand support the outlook, though meal prices had eased from their Friday highs.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33688-soybean-meal-prices-show-their-strength-brownfield-ag-news
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentine supply shortfalls keep U.S. meal demand firm, which supports soybean prices through crush economics.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybean-meal-prices-show-their-strength/

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