Rob Patterson

The world is currently experiencing a high cost soybean meal environment, driven by multiple factors including supply-demand disruption due to ongoing transportation congestion, escalating input prices such as fertilizer, as well as supply-demand imbalances due to geopolitical conflicts. Together these factors have pushed soybean meal prices to levels not seen in many years (See Part I). This pric ...

Soybean meal prices have been strong for nearly 2 years due to numerous factors such as pandemic fueled stockpiling, bullwhipping of supply/demand dynamics linked to asynchronous market reopenings and elevated input costs due to gross inflationary pressures. In this time, some regions have seen 100% increases in their local SBM prices - which has prompted a search for less expensive protein source ...