Soybean prices have weakened globally on record acreage achieved by US farmers and plenty of inventories. However, soybean meal uptrend seen since August 2013 is likely to continue after a recent correction, analysts said.
Soybeans for November delivery at Chicago Board of Trade (CBOT) fell to $11.465 a bushel before recovering to $11.51 on Tuesday. US soybean meal futures receded 10% recently but the bullish trend seen since August last year...............................................Full Article: Source
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