Soybean Meal March 2024 is moving towards a line of 347.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Soybean Meal March 2024 continues in its current trajectory, we may see it move towards 347.5000 within the next 9 hours.
Soybean Meal March 2024 is quickly approaching a very important level it has previously tested numerous times in the past
