There’s been a rush of investment into soy crush plants. In a soybean market webinar, CHS Vice President North America Grain Marketing Chris Pothen said soybean meal and oil demand is increasing. “We see a two-to-three percent growth globally on soybean meal (and) renewable diesel plants are going up around the U.S., which means more soy crush coming online.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.