# Beans got a lift from business confirmations, higher crush numbers, and chatter that China has been in the market - Ag Optimus

> Soybeans gained on business confirmations, higher crush numbers and reports that China had entered the market. Soymeal rallied off its lows as funds moved from short to long, while talk of lysine shortages raised interest in meal and corn as feed substitutes.

- Date: 2021-11-16 · published 2021-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7048-beans-got-a-lift-from-business-confirmations-higher-crush-numbers-and-chatter
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Lysine shortages could push pig and poultry rations toward more soymeal and corn, supporting feed demand. Robust crush margins keep meal supply tight and support bean prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- LYSINE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2021-11-15 | 1 | +3.8% | 4.5 | Describes Nov 15 trading: soymeal rallied as funds shifted from short to long and lysine shortage talk boosted meal and corn demand as feed substitutes, plus crush and China buying support. |

## Sources

- agoptimus.com: http://agoptimus.com/beans-got-a-lift-from-business-confirmations-higher-crush-numbers-and-chatter-that-china-has-been-in-the-market/
- agoptimus.com: https://agoptimus.com/beans-got-a-lift-from-business-confirmations-higher-crush-numbers-and-chatter-that-china-has-been-in-the-market/

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