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Chinese vegetable oil futures rose as CBOT soybeans gained on drought expectations in US growing areas, with soybean oil up 1.03%. Domestic soymeal and corn were described as weak on ample supply, rising soymeal stocks and wheat and corn-substitute supply, while hog prices rebounded on short-term sentiment.
US drought risk supports soy complex prices, but ample domestic supplies and weak feed demand cap soymeal and corn, keeping the outlook for feed ingredients soft.
aqwhw.cnNov 14, 2026After 1,085 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
