Key Takeaways:
Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specification in 2019 to better reflect declining U.S. soymeal protein levels. Higher-protein, lower-fiber soymeal is generally better suited to poultry and hogs, while cattle can utilize both 44 percent and 48 percent meal. Soymeal offers a combination of high protein concentration, favorable amino-acid content and relatively low fiber, helping it maintain a nutritional advantage over competing protein meals. Its global production also far exceeds that of ot...
What You Need to Know Today: USDA cut the 2026 corn yield forecast by 1.6 BPA to 179.6, shaving 141 Mbu off the crop. Corn ending stocks were cut by 91 Mbu to a level that pushed the ending stocks-to-use (ESU) ratio to 10.8 percent. Conversely, USDA raised the soybean yield forecast 0.2 BPA to...
Key Takeaways: Expanding U.S. soybean crushing capacity is strengthening domestic demand, driven largely by growing soyoil consumption from the renewable diesel and biofuels industries. Despite increased domestic processing, substantial quantities of U.S. soybeans are expected to remain availa...
