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China's National Data Center for Grain and Materials Reserves expects May soybean crushing to rise about 1.6 million tons month-on-month, with meal inventories climbing to around 600,000 tons. On May 7, the 2609 soymeal contract closed at 2,988 yuan/ton, down 19 yuan.
Rising crush and meal stocks add loose supply and pressure spot meal prices. Futures remain under downward pressure as the market absorbs the extra output.
sunsirs.comMay 8, 2026After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
