# Bunge and ADM Share Oilseed Market Thoughts on Earnings Calls | CZ app

> Bunge and ADM management teams said they remain bullish on oilseed crush margins for the second half of 2023, citing robust US renewable diesel demand. Soybean oil rallied sharply late in the week after Bunge's comments. The article also notes the CME soybean oil curve has flattened as Ukrainian rapeseed and sunflower crop-failure risk has faded.

- Date: 2023-05-10 · published 2023-05-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36032-bunge-and-adm-share-oilseed-market-thoughts-on-earnings-calls-cz-app
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong renewable diesel feedstock demand supports soybean oil and crush economics, which in turn sustain soybean meal output. Fading supply risk from Ukraine caps upside in vegetable oil prices.

## Read by commodity

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

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/bunge-and-adm-share-oilseed-market-thoughts-on-earnings-calls/

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