Grain & Feed Ingredients

Grain & Feed Ingredients

 

Soybean meal prices supported on lower possible production outlook in South America

Bean meal prices edged higher on Tuesday, trading very close to support levels near the 10-day moving average.  Prices remain buoyed as soy bean crops in Brazil as they could be smaller than previously estimated.  Despite traders exiting positions in soy bean oil, the crush remains relatively firm as meal has held steady buoyed by fresh long…

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