Projected tight supplies throughout the spring and summer had soybean meal futures topping out at as high $428.50/ton before USDA shared a surprise increase in ending stocks on October 12, dropping the higher prices soybean producers have been privy to for months. Because of the decrease in price, livestock producers are encouraged to take advantage of the year-low price values. Soybean meal demand typically ebbs and flows, along with poultry and hog production, yet feed demand has remained strong. While other feedstuffs prices remain higher, soybean meal may be the more economic choice for livestock feed. Since ending stocks are predicted to trend lower, now is the time to stock up if you are an end user. Read more on soybean meal projections.