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SunSirs reports the China soybean meal to rapeseed meal price spread widened to 1,091 RMB per ton as of September 15, well above the five-year average of about 600 RMB. Analysts expect the spread to stay high in the short term but to become harder to widen as US soybean yields are finalized and rapeseed meal alternative demand rises.
A wide spread favors rapeseed meal substitution in Chinese feed formulations, which weighs on soybean meal demand at the margin. Persistent US crop concerns and biodiesel-driven oil demand offer some support to the soy complex.
sunsirs.comSep 22, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
