# Crushing for Oil: a Perspective on Soybean Meal - Total Farm Marketing by Stewart-Peterson

> A Stewart-Peterson analysis explains that soybean meal prices have not fallen with soybeans after the June decline in crude oil and the end of Indonesia's vegetable oil export ban. Soymeal is a co-product of oil crushing, so prices depend on the balance between oil demand and meal supply.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40551-crushing-for-oil-a-perspective-on-soybean-meal-total-farm-marketing-by-stewart
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Because meal is a byproduct of crush, soymeal prices can diverge from beans when oil demand shifts, which complicates feed buying strategy. Buyers should track oil demand when timing meal purchases.

## Read by commodity

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

## Sources

- totalfarmmarketing.com: https://www.totalfarmmarketing.com/crushing-for-oil-a-perspective-on-soybean-meal/

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