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Imported soybean auctions in China have accelerated to twice weekly, with December 11 and 16 auctions clearing 77.5% and 62.9% at average prices of about 3,935 and 3,852 yuan per tonne. Another 550,000 tonnes is scheduled for auction on December 19, with deliveries running through March 2026.
Growing release of state soybean reserves adds crush supply and pressures soymeal prices, with crushers near break-even setting a floor. Expect soymeal prices to stay under pressure in the near term.
mysteel.netDec 18, 2025After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), 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.
