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Mike North of ever.ag says strong demand has pushed soybean meal above $400 a ton and soybean oil to multi-year highs near 60 cents. Crush plants are very profitable and bidding for beans, and South American weather continues to drive daily market swings.
Strong crush margins and firm meal prices support soybean demand and meal supply for feed buyers, while South American weather uncertainty keeps volatility elevated.
1230kfjb.comAshley AndersonJan 7, 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.
