# Soybean meal: A premier vegetable protein

> An article from iasoybeans.com describes how rising soybean crush capacity for biofuel-driven oil demand is increasing expected soybean meal output. It notes poultry takes nearly half of US soybean meal and that meal consumption by animal agriculture rose about 10% over five years.

- Date: 2023-03-30 · published 2023-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36992-soybean-meal-a-premier-vegetable-protein
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Growing crush for renewable diesel adds meal supply, which can pressure meal prices, while steady poultry demand supports domestic use.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- CHICKEN: neutral

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/article/isr-april-2023-soybean-meal-a-premier-vegetable-protein

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