There is not enough soymeal in the United States to meet demand. To help meet demand, crushers were planning on turning beans into meal using cheaper South American imports, as there is a lot of product available and the crush margins would be well in the green to support their efforts. But, because of the Brazilian port situation, the beans are not coming as quickly as the crushers wanted. The cheap product they could turn into expensive meal is apparently not in the cards.
Soybean Oil is the natural oil extracted from whole Soybeans. Typically, about 19% of a Soybean’s weight can be extracted as crude Soybean Oil. The oil content of U.S. Soybeans correlates directly with the temperatures and amount of sunshine during the Soybean pod-filling stages.
Supplies of soybeans are at their tightest levels in nearly 50 years as a result of inclement weather and growing demand, according to Bloomberg. Parched weather and delays for exports from South American growing nations is enhancing demand for the legume from the U.S., which is the globe’s biggest grower and exporter. Reserves of the legume… Read more.
The Trade Spotlight advisory service applies the GBE trading methodology (buying or selling commodity contracts based on breakouts of chart formations and technical indicators) to identify one to two trade setups per week.
Soybean stocks were reduced by the U.S. Agriculture Department amid a more than anticipated crush answering rising production of soyoil and soymeal, according to The Wall Street Journal. But the federal department boosted forecasts for wheat stocks due to reduced exports, which pulled down wheat futures on Tuesday. Soybeans, which also were edging down in… Read more.
Evidence of man’s use of animal milk as food was discovered in a temple in the Euphrates Valley near Babylon, dating back to 3,000 BC. Humans drink the milk produced from a variety of domesticated mammals, including cows, goats, sheep, camels, reindeer, buffaloes, and llama. Today, the largest milk and dairy producers in the world are India, the U.S., Germany, and Pakistan.
Soybean Meal is produced through processing and separating Soybeans into oil and meal components. By weight, Soybean Meal accounts for about 35% of the weight of raw Soybeans (at 13% moisture). If the Soybeans are of particularly good quality, then the processor can get more meal weight by including more hulls in the meal while still meeting the 48% protein minimum.
This is a sample entry from Craig Turner’s weekly market analysis newsletter, Turner’s Take, published on August 09, 2012. The USDA will release the August WASDE tomorrow at 7:30 AM CDT. We are expecting cuts in yield and production for Corn and Soybeans. We are also expecting draws on the global wheat supply. While many… Read more.
Part Three: The Big 3 When trading the corn, soybean, or wheat market, it is important to know the fundamental factors that determine their prices. Knowing how much is planted, when it is planted, how much is produced, the many uses of each market, and who buys the specific market are factors that have a… Read more.
There are some pretty significant differences between the futures markets and the equities markets. The first big difference is the trading hours: the futures markets trade 23 hours a day for most markets versus an 8:30 AM (central time) open and a 3:00 PM close in the equities markets. The second difference is the ease… Read more.