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Mysteel's table of protein feed meal prices shows Chinese soybean meal (43% protein) at 3214 yuan per ton, down 26 yuan on the day, down 63 yuan on the week, and high-protein soybean meal (46%) at 3270 yuan, down 40 yuan. Rapeseed meal (38%) was also listed.
Lower Chinese meal prices reflect weak domestic feed demand and high inventories, which pressure import-crush margins and soymeal values.
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.