China’s feed production rises, soybean meal consumption falls

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.

• Oct 4, 2018China’s cut to soybean consumption ‘unrealistic’ | The Western Producer+1.5%
• Aug 1, 2025China’s soybean meal stockpiles rise, US soybean imports in doubt+3.3%
• May 30, 2017EU: In 2016 – 2017 soybean meal consumption will decrease while sunflower meal consumtion will rise-0.4%
• Jun 8, 2026China soybean meal prices hit multi-year lows-4.9%
• Aug 21, 2019Feed alternatives reducing soybean demand in China - Benison Media-0.9%

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.

• Oct 4, 2018China’s cut to soybean consumption ‘unrealistic’ | The Western Producer-1.1%
• Mar 3, 2025China soybean meal prices rise amid mutual duty discussions-0.1%
• Aug 1, 2025China’s soybean meal stockpiles rise, US soybean imports in doubt+1.0%
• Feb 1, 2017China’s soybean speculation+1.8%
• Jun 8, 2026China soybean meal prices hit multi-year lows-0.7%

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Apr 7, 2025China soybean meal prices surge amid U.S. trade war escalation+4.0%
• Jul 23, 2021China’s grain auction and meat production patterns point to rising imports-1.1%
• Jul 31, 2018Henan pig farmers cut soybean pulp consumption amid Sino-US tensions - Chinadaily.com.cn+8.8%
• May 5, 2020China and Mexico Buy U.S. Corn and Soybeans | Red River Farm Network+0.1%
• Dec 3, 2021Soybean meal pulls soybeans, corn higher – KORN News Radio+7.1%