# Animal Feed Ingredient Market Information In China On November 11, 2020 - Industry news - News - Jiangsu Sinova Technologies Co., Ltd.

> Chinese feed ingredient prices on November 11, 2020 rose: soybean meal gained 50-80 RMB/MT to 3330-3360 after the USDA November report and a sharp rally in US soybean futures. Corn and cottonseed meal eased while DDGS and rapeseed meal edged up.

- Date: 2020-11-10 · published 2020-11-10T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/50273-animal-feed-ingredient-market-information-in-china-on-november-11-2020-industry
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The USDA cut to US soybean yield and stocks lifted Dalian soymeal, and rising import costs point to higher domestic meal prices if South American supply disappoints.

## Read by commodity

- CSM: bearish ▼
- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-04-14 | [Global Pork Quarterly Q2 2022: Inflationary Pressure Renews Industry Focus on Efficiency and Slows Growth - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/5956-global-pork-quarterly-q2-2022-inflationary-pressure-renews-industry-focus-on.md) | +2.1% | -12.4% |
| SBM | 2019-12-12 | [China’s animal feed demand to rebound by 8% in 2020 \| Feed Strategy](https://feedsoft.ai/events/55584-china-s-animal-feed-demand-to-rebound-by-8-in-2020-feed-strategy.md) | +3.3% | +1.8% |
| SBM | 2024-01-12 | [Marine Ingredients Market Trends (January 2024) \| IFFO - The Marine Ingredients Organisation](https://feedsoft.ai/events/32207-marine-ingredients-market-trends-january-2024-iffo-the-marine-ingredients.md) | -0.1% | -3.3% |
| SBM | 2024-01-15 | [Latest trends in marine ingredients market following Peru's closure of anchovy fishing season - All Fish News](https://feedsoft.ai/events/32059-latest-trends-in-marine-ingredients-market-following-peru-s-closure-of-anchovy.md) | +1.1% | -1.2% |
| SBM | 2022-04-15 | [April 2022 update on market trends \| IFFO - The Marine Ingredients Organisation](https://feedsoft.ai/events/41932-april-2022-update-on-market-trends-iffo-the-marine-ingredients-organisation.md) | -0.2% | -11.7% |
| SOY | 2020-09-08 | [Assessing the U.S. Climate in August 2020 \| News \| National Centers for Environmental Information (NCEI)](https://feedsoft.ai/events/50963-assessing-the-u-s-climate-in-august-2020-news-national-centers-for.md) | +5.1% | +5.4% |
| SOY | 2022-11-11 | [EURUSD’s rally extends beyond 1.0300 with the Dollar in free fall: Analytics and Market news from 11 November 2022 16:24](https://feedsoft.ai/events/8197-eurusd-s-rally-extends-beyond-1-0300-with-the-dollar-in-free-fall-analytics-and.md) | -0.9% | +3.7% |
| SOY | 2024-11-21 | [Commodities Overview November 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/11135-commodities-overview-november-2024-edition-adm-investor-services.md) | -0.2% | -2.8% |

## Sources

- stcdie.com: https://www.stcdie.com/news/animal-feed-ingredient-market-information-in-c-39655247.html

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