Chinese domestic prices for the week to October 30 show soybean oil down 1.12% to 9168 yuan/t, soybean meal down 2.43% to 3214 yuan/t, corn up 0.41% to 2201 yuan/t on farmer holding, and cotton down 2.98%. Meal inventories rose above 1.3 million tonnes at crushers.
Rising meal inventories and weak livestock margins keep Chinese meal prices under pressure, while farmer reluctance to sell limits corn downside. Domestic cotton weakness reflects soft textile demand.
Not 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.
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.