Meal Prices Rebound After Tumbling to 3.5 Year Low

Soybean meal prices dropped, pressured by forecasts for benevolent weather in the U.S. Farm Belt, which will help farmer’s complete spring planting. U.S. Department of Agriculture on Monday said that farmers had sown 71% to 75% of the nation’s soybean crop as of Sunday, which would be ahead of the average pace for the previous five years. In Iowa, Illinois and Indiana soybean planting was…