Soybean meal shows short-term momentum

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The first chart below is a four-hour March 2026 soybean meal chart. It shows short-term momentum and a short-term trend to trade higher. The next chart is a monthly chart of...Pile of soybeans by PAVEL IARUNICHEV via iStock