
Marathon Petroleum and Archer-Daniels-Midland announced a joint venture to build a soybean processing complex in Spiritwood, North Dakota. The plant is expected to produce about 600 million pounds of refined soybean oil a year when completed in 2023.
All of its output will be sold exclusively to Marathon as renewable diesel feedstock.
Securing dedicated soybean oil demand from a large refiner adds to the pull on US soyoil supplies already tightened by biofuel use. That supports soybean oil prices and keeps crush margins firm.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.