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A market forecast projects animal feed to be the fastest-growing customer for protein ingredients, with annual growth of 7.5% and a market value of $17.8 billion by 2032. It cites livestock production growth and demand for more diversified, resilient feed formulations, with plant-derived ingredients such as soybean meal and canola meal remaining central to commercial feed.
Projected growth in livestock production and feed-protein use points to stronger long-term demand for protein meals, which could support prices. The forecast is broad and long-term, so it is not an immediate supply or price shock.
marketscale.comNov 8, 2026After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
