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As of October 30, two northwest China crushing plants held 95,000 tonnes of soybeans, down 23,000 tonnes week on week, and 8,000 tonnes of soybean meal, down 2,000 tonnes. Unexecuted contracts rose 13,000 tonnes to 51,000 tonnes.
Falling crush-plant stocks and rising unexecuted contracts point to firm regional soybean and meal demand, a mildly supportive signal for soybean and meal prices.
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.