Soy Meal settles down

MUMBAI (Commodity Online): Soy product futures ended lower after prices jockeyed in both positive and negative territory over the course of Friday's session.
Soyoil initially spiked to a 3-session high, bolstered by sharply higher crude oil futures and strength in world vegoil markets. However, futures backpedaled after midday, as traders booked profits ahead of the weekend in unison with soybeans, analysts said.
CBOT March soyoil ended 0.14 cents or 0.2% lower at 57.27 cents per pound, and March soymeal traded $0.40 or 0.1% lower at $377.00 a short ton.
Courtesy: CME Group

(Source: http://www.commodityonline.com/futures-trading/market/CBOT-Updates:-Soy-Meal-settles-down-20227.html)