The main factor impacting global demand for soymeal is the world's consumption of animal protein. This is particularly the case for pork and broiler meat. Other protein meals can be and are used as a protein source in swine and broiler feeds, but the preeminent meal continues to be soymeal because of its low fiber content, high digestibility and desirable amino acid content.Because the poultry and swine sectors' importance to soymeal demand, it is worthwhile from time to time to look at where per capita consumption of pork and broiler meat are rising and falling. Fortunately, USDA publishes this data on a monthly basis. While there is no assurance that the USDA data are a true reflection of what actually is occurring in each country, the...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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