Improved Crush Margins in China Seen Spurring Soybean Demand
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(Bloomberg) — An improvement in Chinese soybean crushing margins is signaling increased demand for the oilseed just as farmers in the U.S. prepare to reap a record crop.
Chinese crush margin — a gauge of profitability for processing soybeans into meal for animal feed and oil for consumption — has been negative since June, but has recovered to levels not seen in over two months, according to data from Shanghai JC Intelligence Co. Ltd.
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