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Effect of Fed's interest rate cut on soybean meal
Under normal circumstances, when the Fed cuts interest rates, soybean meal will increase in price;

When the Federal Reserve cut interest rates, the speed and quantity of money flowing to the market began to increase, resulting in a small cycle of inflation, the depreciation of the dollar, the decline in purchasing power, and the rise in commodity prices; Generally, American agricultural products are definitely the most influential, but domestic soybean, soybean meal and soybean oil are greatly affected by the international market, and the higher price of American soybean meal will also affect the domestic soybean meal price.