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Why soybean meal futures have been mixed?
Artificial hype! ~ ~ Look at the daily institutional position structure! ~ Yong' an has many positions and futures companies with speculative backgrounds such as SDIC! Originally, soybean meal would not be so expensive, and it is recommended to short it if it exceeds 4000! ~ pork can't go up in price. Do you think so much soybean meal can rise because of fundamental factors? Even if USDA introduces favorable factors for soybeans, it cannot be higher than the market demand! Soybean meal in 3200-3500 is the normal price in the spot market!