What industries use soybean meal?
Soybean meal is used by the farming sector, food manufacturers, asphalt producers, in automotive oil and much more.
Should farmers buy soybean meal futures?
Because soybean meal is used in animal feed, futures could be a good investment for farming operations.
How much soybean meal is included in a futures contract?
Generally, 100 short tons of soybean meal are included in each futures contract.