# Mysteel Analysis: Weekly Agricultural Processed Product Price Report (Oct 23-30)

> 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.

- Date: 2026-11-02 · published 2026-11-02T19:37:40.045Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/75661-mysteel-analysis-weekly-agricultural-processed-product-price-report-oct-23-30
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- CORN: bullish ▲
- HOGS: bearish ▼
- CHICKEN: neutral

## Sources

- news.mysteel.com: https://news.mysteel.com/a/26110208/7611685134A54295.html
- news.mysteel.com: https://news.mysteel.com/a/26110209/1E836395344C4FAD.html

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