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The daily report says soybean oil is holding up better than soybean meal, with China still buying US soybeans and the US midterm elections and APEC meeting ahead. It also notes that a weaker Brazilian real reduces the appeal of US soybean exports, and that corn is supported by an expected area cut while wheat is pressured by the prospect of Black Sea exports resuming.
Stronger demand for oils relative to meal favors soybean oil over meal, and a weaker Brazilian real and resumed Black Sea flows could cap soybean and wheat prices. Expected pressure on hog herds also weighs on meal demand in the fourth quarter.
finance.sina.com.cnNov 2, 2026finance.sina.com.cnNov 4, 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.
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.
