Bean Meal Slips as Hedge Funds Attempt to Exit

Bean meal prices were trading under pressure on Tuesday, forming a bear flag pattern, following last week’s crop report. Stronger than expected bean yields, are continuing to wreak havoc on the soy bean complex, as stronger than expected supplies outweighs demand.

Prices eased on weather concerns as rain is expected in the coming week. Overall ratings for U.S. soybean crops were…