Soybean meal prices are rising again. Where is the market heading next?
Original: Soybean meal has gone up again!
With fishmeal staying high and livestock and poultry prices sliding all the way down, soybean meal surged by 50/T yesterday.
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Is everyone just helpless about it? Not even one person has anything to say.
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From what I understand, it doesn't seem to have gone up, right? Friend, where are you from?
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It did go up. They say it's because of the overseas CBOT market, and the domestic market follows closely. I reckon there won't be any big surge, but it certainly won't fall either.
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Soybean meal has fallen again.
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Oh, thanks!!
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Is everyone just helpless about it? Not even one person has anything to say.
--------------------------------------
From what I understand, it doesn't seem to have gone up, right? Friend, where are you from?
--------------------------------------
It did go up. They say it's because of the overseas CBOT market, and the domestic market follows closely. I reckon there won't be any big surge, but it certainly won't fall either.
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Soybean meal has fallen again.
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Oh, thanks!!