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A North Carolina Soybean Producers official said U.S. soybean protein content has fallen about 1.5 percentage points since the mid-1980s as growers bred higher-yielding varieties. Demand for protein-rich soybean meal is still rising to meet feed needs for fish, hogs and poultry.
Falling protein content in soybeans could tighten supply of high-protein meal relative to feed demand, which supports soybean meal prices. The effect is gradual and the article is a feature rather than a new market event.
farmprogress.comJohn HartJan 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.
