Tidbits, Russia-Ukraine, Animal Feeds & Soybeans, FOB 10/12/26
Tidbits
Russia-Ukraine: On Saturday, President Trump called for Ukrainian President Zelensky to be replaced, accusing him of repeatedly rejecting opportunities to end the war with Russia and defying his warning against striking Russian oil infrastructure.
Early yesterday, Trump stated on Truth Social: Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine. Both parties have agreed. Do not break it! There has been no confirmation from Russia and Ukraine’s President Zelensky was surprised and said he was waiting to see the details.
Animal feeds: Soybean meal is used primarily for protein supplement in animal feeds. The ratio of soybean meal in all livestock rations in the U.S. from year to year can be considered about the same because the U.S. does not have a significant non-soybean protein supplement other than DDG.
About 97% of U.S. produced soybean meal that is not exported is fed to livestock.
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