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Soybean oil's share of US crushing profits has risen as strong demand for vegetable oils in the US and globally lifts its value relative to meal. The analysis notes oil is no longer a minor contributor to crush economics.
A higher oil share of crush value encourages crushers to prioritise oil output, which can limit meal supply and support soybean oil prices. It signals firm vegetable oil demand.
gro-intelligence.comApr 25, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
