
China's soybean meal prices fell more than 14% in May according to SunSirs data, and dropped a further 2.75% in early June. The decline coincides with rising soybean imports into China.
Heavier soybean imports increase domestic meal supply, pressuring meal prices and reducing China's demand pull on global soybean meal exports.
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.
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.