DTN Soybean Meal Alert

(5/1/2026)

With July meal futures down in the prior three sessions, but appearing poised to hold chart support at the 50-day moving average. I recommend taking advantage of a front-month meal price, which remains in the lower 25% of the past five-year range and booking meal needs for June and July of 2026. July meal futures were trading near $320 at the time of this recommendation.