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US soybean processors crushed a record amount of beans since September, with January crush the third busiest on record. Soymeal supply is piling up in rural America faster than end-users are buying it.
Growing meal stocks against slow buying could weigh on domestic soymeal prices, even as heavy crush supports soybean demand.
manitobacooperator.caKaren BraunMar 7, 2017Not 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.
