What is soybean meal?
Soybean meal is considered the most important protein for farm animal fee, and it takes up around ⅔ of the total harvest worldwide.
How large is a soybean meal futures contract?
Soybean meal futures include 100 short tons of raw soybean meal.
Can businesses buy soybean meal futures?
Soybean meal futures are good investments for businesses that want to lock in prices or hedge against inflation, but you should research your investment carefully before making such a large purchase.