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AGP says US soybean meal demand has stayed steady through COVID-19. Heavy exports from the Pacific Northwest and Gulf of Mexico have supported demand, and NOPA crush has been strong for several months.
Robust domestic and export meal demand supports soymeal prices and crush margins for feed buyers.
rrfn.comCarah HartDec 27, 2020Not 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.
