# Oil Share May Fall to a Level Not Seen in Almost 50 Years - The Jacobsen

> Analysts expect a long soybean meal versus short soybean oil trade to gain popularity as biofuel demand for soyoil slumps. Soymeal demand may rise from concerns over Argentine supplies, slowing U.S. DDG output, and Chinese crusher shortages, while Chinese crush margins hit an eight-year high.

- Date: 2020-03-27 · published 2020-03-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54225-oil-share-may-fall-to-a-level-not-seen-in-almost-50-years-the-jacobsen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Falling biofuel-driven soyoil demand weighs on soybean oil prices, while tighter meal supply from Argentina and reduced DDG output supports soybean meal prices. High Chinese crush margins signal continued strong demand for meal.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- DDGS: bullish ▲

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/03/27/oil-share-may-fall-to-a-level-not-seen-in-almost-50-years/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
