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Grains end mixed with soybeans seeing corrective buying following July soybean meal, which was up $11.00, while corn ends lower, wheat mixed. While meal saw some demand news with a flash sale of ...
Price, costs and currency will determine just how quickly expansion occurs, but Brazil does have the ability to help meet larger global soybean, meal and oil consumption over the next decade.
The added output of soy-meal, a byproduct, would need new buyers. Brazil exports a lot more raw soybeans than in meal form, and the industry would prefer a better balance, Nassar said.
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Conversely, July and early August 2022 saw a negative spread due to strong U.S. soybean meal and oil demand, in addition to adverse weather in the United States. A lower-than-expected early 2022 ...
This means the country may soon cease to be the world’s largest exporter of soy-meal, since domestic oilseed production, because of the historic drought is likely to reduced by 36% year-on-year ...