CBOT soybean meal rose and fell each other, and the monthly line fell by 9%

On June 1, it was reported that the Chicago Board of Trade (CBOT) soybean meal futures market closed up and down on Wednesday. Except for the benchmark period, which closed up by 0.20%, other futures fell by 0.10% to 0.51%.

Soymeal futures for May fell 9.02%, the fourth straight monthly decline, compared with a 7.21% drop in April.

Volume in soymeal futures was estimated at 144,655 lots Wednesday, compared with 114,868 lots in the previous session. The volume of empty positions was 484,141 lots, compared with 487,381 lots in the previous trading day.