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US soybean processors are building new crushing capacity at the fastest rate in 20 years. The article links this growth to rising global demand for meat and poultry, which drives demand for soymeal feed and soyoil.
Expanding crush capacity will add soymeal supply over time, which is bearish for meal prices, while supporting soybean demand from processors.
reuters.comMichael HirtzerDec 11, 2017reuters.comMichael HirtzerDec 11, 2017Not 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.
