Loading…
Huatai Futures notes Dalian soymeal futures fell 5.6% to 3183 yuan/t on October 30, with Chinese crushing at high levels and meal inventories at 1.3 million tonnes. US soybean yield was raised to 53.1 bu/acre, and Brazil's Parana planting reached 62%.
Heavy crushing and large meal stocks weigh on prices, but South American weather risk tied to El Niño could support soymeal later. Forecasts vary on direction.
finance.sina.com.cnNov 2, 2026Not 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.
