Soymeal Prices Hit 10 Week Highs

12 Oct in Blog, commodity consulting, commodity trading, corn, futures, Mike Seery, oats, option trading, seeryfutures, soybean meal, soybean oil, soybeans, wheat

Soymeal Meal Futures--- Soybean meal futures in the December contract are currently up 800 points at 323 reacting positively to the USDA crop report which was released this afternoon as I have been recommending a bullish position from the 313 level recommending more positions like I talked about in previous blogs around the 321 level while now placing the stop loss under the 10 day low which stands at 309.80 as the risk on both positions is around

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