03.14.2025
Sausage casings bulletin, March 14, 2025

Runner market commentary
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Bean meal prices are consolidating after a robust short squeeze, as a sharp decline in soybean meal short position in futures and options added to bean meal volatility. There is a chance that bean meal demand is declining, following the unexpected drop in the June crush rate, as bean oil stocks also decline, which likely reflects stable demand in the oil seed market. A weaker dollar has helped prices remain…