51. Soybeans are crushed into soybean meal for livestock feed and soybean oil, a food ingredient. 52. Soybeans are crushed to produce soybean meal for animal feed and soybean oil for cooking and food processing. 53. Soybeans are processed into soybean meal, used as a livestock feed, and soybean oil, which is used as a cooking oil. 54. Soybeans fell as strong domestic processing rates leave the market well supplied with soybean meal, a high-protein livestock feed. 55. Soybeans got some early support on reports that China was actively buying soybean meal and soybeans. 56. Strong overseas demand for soybeans and soybean meal has lifted the outlook for big processors like Archer Daniels Midland Co. 57. Soybean futures climbed at the Chicago Board of Trade as a pair of government reports showed strong domestic use and a surge in overseas demand for soybean meal. 58. Soybean futures fell on speculation that China is reselling soybean meal it bought from other countries. 59. Soybean futures rose partly on spillover strength from soybean meal. 60. Soybean meal, a derivative of soybeans, is another key ingredient in feed. |