Loading…
Wheat prices eased despite renewed Black Sea strikes. December soybean meal fell $4.70 to $324.60 a ton, hitting a two-month low, and December bean oil rose 26 points to 65.90 cents.
Soybean meal weakness reflects softer feed demand and ample supply, which is bearish for feed buyers' input costs, while Black Sea strikes offer only limited wheat support.
profarmer.comOct 30, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
