# Demand is carrying soybeans - Brownfield Ag News

> 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.

- Date: 2018-01-15 · published 2018-01-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6909-demand-is-carrying-soybeans-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Steady livestock feed demand for soybean meal supports soybean and meal prices even when supplies are large.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/managing_profit/demand-carrying-soybeans/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.