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A USDA Economic Research Service article projects Southeast Asia will become the world's fastest-growing importer of soybean meal over the next decade, overtaking the EU by 2022. The article also notes ASF expansion into the region could curb imports.
Rising regional meat demand supports long-term soybean meal import growth, though ASF risk to pork output could temper that demand.
proag.comApr 25, 2019After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
