{"id":8832,"date":"2023-10-28T06:04:28","date_gmt":"2023-10-28T10:04:28","guid":{"rendered":"https:\/\/wzbd.com\/?p=8832"},"modified":"2023-11-09T22:55:47","modified_gmt":"2023-11-10T03:55:47","slug":"soybean-meal-prices-show-their-strength","status":"publish","type":"post","link":"https:\/\/wzbd.com\/index.php\/2023\/10\/28\/soybean-meal-prices-show-their-strength\/","title":{"rendered":"Soybean meal prices show their strength"},"content":{"rendered":"\n<p><strong>By CARAH HART<\/strong><\/p>\n\n\n\n<p><em>Brownfield Ag Network<\/em><\/p>\n\n\n\n<p>A market analyst says strong soybean meal prices continue to drive soybean prices.<\/p>\n\n\n\n<p>Don Roose with U.S. Commodities tells Brownfield the world\u2019s biggest supplier of soybean meal has tight supplies.<\/p>\n\n\n\n<p>\u201cLast year, Argentina had a drought so they have a deficit. That\u2019s really given opportunity to the U.S. market and soybean meals are just off of their highs Friday.\u201d<\/p>\n\n\n\n<p>Soybean meal export sales were strong again in the last week and Roose says domestic soybean crush demand remains solid. He says that\u2019s good news as U.S. soy crush expands.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" height=\"424\" width=\"640\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/wzbd.com\/wp-content\/uploads\/2023\/10\/DSC_0713.jpg?resize=640%2C424&#038;ssl=1\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u201cWhere we\u2019re going with the soybeans is similar to what happened with ethanol and corn,\u201d says Roose. \u201cSoybean meal and soil should find some strength from that and we\u2019re looking forward to that new era.\u201d<\/p>\n\n\n\n<p>Roose says a combination of factors will drive soybean prices between now and the end of the year including export demand, South American weather and the final U.S. soybean production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CARAH HART Brownfield Ag Network A market analyst says strong soybean meal prices continue to drive soybean<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18],"tags":[19],"class_list":["post-8832","post","type-post","status-publish","format-standard","hentry","category-ag","tag-ag"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/8832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/comments?post=8832"}],"version-history":[{"count":0,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/8832\/revisions"}],"wp:attachment":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media?parent=8832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/categories?post=8832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/tags?post=8832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}