US Emerges as Primary Source of Soybean Meal

Soybean futures surged but hit resistance at the 120-day moving average, stalling further growth; soybean meal, supported by strong exports, is in high demand due to Argentina's drought, which has depleted their supply, causing the US to become the primary source

Heartland Market Talk
Heartland Market Talk
US Emerges as Primary Source of Soybean Meal
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Soybean futures surged but hit resistance at the 120-day moving average, stalling further growth; soybean meal, supported by strong exports, is in high demand due to Argentina's drought, which has depleted their supply, causing the US to become the primary source

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