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Industry figures say soybean demand will stay strong despite recent price softening as world demand shifts to South America. Expectations include rising soy acreage in the U.S. and continued demand from China and Southeast Asia for differentiated beans.
African swine fever outbreaks are cited as a longer-term demand factor.
Expectations of sustained import demand from China and Southeast Asia support soybean prices and meal demand. Hog-herd rebuilding and ASF outbreaks point to firm feed demand over the longer term.
hpj.comDavid MurrayMar 26, 2021Not 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.
