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USDA Agricultural Research Service and Drexel University researchers are studying when on-farm soybean pressing makes economic sense compared with sending beans to a crush facility. The research examines whether growers should use the pressed oil for food or as on-farm energy.
Expanded on-farm pressing could divert some soybeans from commercial crushing, which marginally affects crush volumes and meal and oil supply. The effect on prices is likely small at this stage.
ars.usda.govMar 25, 2019After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
