
A Farm Progress column notes that ethanol and soybean crushing plants are enjoying strong margins, making it hard for buyers to secure grain at harvest. Soybean crush margins rose sharply in 2021 and new crush capacity of about $2 billion is planned.
Strong crush and ethanol margins support robust soybean and corn processing demand, while new crush capacity implies future meal and oil supply growth.
Not 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.
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.