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China May Not Be Buying U.S. Soybeans, But Soybean Meal Is a Value Buy for Traders Here
Yahoo Finance·2025-10-23 22:15

December soybean meal (ZMZ25) futures present a buying opportunity on more price strength. See on the daily bar chart for December soybean meal futures that prices are in a fledgling uptrend and have just hit a seven-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture, as the red MACD line is above the blue trigger line and both lines are trending up. More News from Barchart Fundamentally, the global supply and demand ba ...