# Welcome to global CFO

> CFO's weekly China feed update reports fishmeal inventory at Chinese ports of 223,480 mt, with weekly offtake of 25,740 mt and arrivals of 27,600 mt. It lists mid-November prices for SBM, canola meal, DDGS, fishmeal and MBM, and October feed output down 5.7% month on month.

- Date: 2022-11-17 · published 2022-11-17T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/38771-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Rising port fishmeal stocks and stable domestic prices point to limited near-term upside for fishmeal in China. Weak canola meal demand as the season ends pressures that feed's price.

## Read by commodity

- SBM: neutral
- CANMEAL: bearish ▼
- FISHMEAL: neutral

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/3314

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.