Bean Meal Consolidates as a Stronger Dollar Generates Headwinds

Bean meal prices edged lower on Tuesday following a reported from the National Oilseed Processors Association that showed that October’s US crush came in above expectations at 164.6M bushels, up from September’s 129.4M. Analysts had forecast 159.4M. Hedge fund traders increased short positions in futures and options per the latest industry report.  Gains in the dollar since the Presidential…