Loading…
Beijing's grain bureau reports domestic soybean oil rose about 2.6% in the week to October 26 on firmer crude and biodiesel expectations, while soybean meal fell about 2% to 3314 yuan/t on ample supply and weak livestock demand. US soybean harvest reached 79% and Brazil's 2026/27 planting reached 40%.
Firmer crude supports vegetable oil and biodiesel demand, which lifts the oil side of the crush, while high oil-meal ratios push crushers to discount meal. Meal prices stay pressured by heavy supply and soft demand.
lsj.beijing.gov.cnNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
