CBOT Soybean Meal Futures Rise 2.58%, Grains Complex Mostly Higher

The standout is the divergence: soybean meal's outsized move against a modest soyoil gain points to meal-specific demand or crush economics rather than a broad oilseed story, while soybeans and wheat followed only fractionally. The split between a firmer grains complex and sharply weaker livestock adds a margin signal worth noting, since feed costs and animal revenues are moving in opposite directions. Whether meal holds its premium over soyoil, and whether the livestock pullback deepens, are the open questions.