Loading…
ADM's CEO said global soybean crush margins should stay supported for the next couple of years as China rebuilds its pig herd and professionalises livestock production. ADM has crushed a record volume of soybeans this year, with its US export margins widening on Chinese demand.
Sustained Chinese hog-driven demand for soymeal and corn supports crush margins and export pull on US supplies, which is bullish for meal and corn prices.
fastmarkets.comRei GeyssensOct 30, 2020Not 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.
