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Soybean meal prices have only briefly been lifted by prospects for a US-China trade agreement. Analysts at a German market report say brokers remain unconvinced that the trade dispute will be resolved.
Limited confidence in a trade deal means soybean meal price gains from trade optimism may fade, keeping meal prices range-bound.
zmp.deOct 17, 2019Not 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.
