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A crush spread is a commodity trading strategy in which the trader takes a long position in soybean futures against short positions in soybean meal futures and soybean oil futures to establish a processing margin. [1] Soybeans are processed into two products—meal and oil—through a process called “crushing”, which is where the term stems ...
(Reuters) -Global trading house Cargill said on Tuesday it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi ...
This is a list of countries by soybean production from 2016 to 2022, based on data from the Food and Agriculture Organization Corporate Statistical Database. [1] The total world production for soybeans in 2022 was 348,856,427 metric tonnes , down 6.4% from 372,853,699 tonnes in 2021. [ 1 ]
Bunge raised its full-year outlook, citing improving processing margins, following a 56% decline in adjusted second-quarter agribusiness earnings from a year earlier. "The weather, it looks good ...
Perdue Foods is a major chicken, turkey, and pork processing company in the United States. Perdue AgriBusiness ranks among the top United States grain companies. Perdue Farms has 2021 annual sales of $8 billion.
Aug. 20—The planned soybean crushing plant at Spiritwood will be operated as a joint venture with the goal of producing renewable diesel fuel, according to announcements made Thursday by ADM and ...
Soybean management practices in farming are the decisions a producer must make in order to raise a soybean crop. The type of tillage, plant population, row spacing, and planting date are four major management decisions that soybean farmers must consider. How individual producers choose to handle each management application depends on their own ...
The harvest of the record-large soybean crop was 67% complete by Oct. 13, the fastest pace since 2012, when a major drought limited production. Jeff O'Connor, who grows corn and soybeans near ...
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