# Todd's Take

> DTN analyst Todd Hultman says soybean oil and meal values are both strong, giving processors record crush margins. Investors are rushing to build plants that convert soybean oil into renewable diesel. A new Bunge plant targeting soy protein concentrate was also reported.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38322-todd-s-take
- 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

Expanding crush capacity for renewable diesel could keep meal supplies ample and oil demand strong, which supports soybean prices. Feed buyers should watch whether meal stays cheap as a byproduct or remains valuable.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/12/16/will-soybean-oil-supplant-soybean?referrer=twitter

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