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Chinese soybean meal stocks have risen to record levels after record soybean imports in May and June, while weak compound feed demand has slowed processing. Authorities are pushing to cut sow numbers and reduce soymeal share in feed recipes, which analysts expect to further reduce soy component consumption.
Китайский excess meal stocks and falling feed demand point to weaker Chinese soybean buying ahead of the US export season, which is bearish for soybeans and soymeal prices.
tridge.comAug 1, 2025After 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.
After 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.
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.
