# Soybean meal and animal feed prices: The impact of soybean oil - Fastmarkets

> Fastmarkets analysis describes a shift in soybean crush trading from meal to oil focus, with soy oil prices weakened late 2022 by reduced biofuel demand from refinery closures. The piece argues refinery disruptions are temporary and new biodiesel capacity is expanding.

- Date: 2023-03-13 · published 2023-03-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36939-soybean-meal-and-animal-feed-prices-the-impact-of-soybean-oil-fastmarkets
- 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

Soy oil weakness has lifted meal's share of crush value, so meal prices and feed costs are supported; expected oil demand recovery from new biodiesel plants could shift crush economics and meal supply.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soy-meal-feed-prices-vs-soy-oil/

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