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An AgriVisor analyst said soybean demand is supporting prices despite record production. He attributed part of the strength to rising global meat consumption and livestock feed demand.
Steady livestock feed demand for soybean meal supports soybean and meal prices even when supplies are large.
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.