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Chinese soymeal spot prices kept falling, with North China and Northeast up 10 yuan only as a technical rebound after earlier losses, and the report sees 3100-3250 yuan/t trading weaker. Shandong corn quotes rose across several buyers, while Northeast corn is near cost-level support and northern port inventories hit a seasonal high.
Peruvian super fishmeal spot prices hit a new record at 25700-26500 yuan/t, driven by El Nino.
Heavy soymeal crush rates and high inventories cap soymeal prices, while El Nino-linked fishmeal strength supports substitute proteins and feed costs. Corn firmness in Shandong reflects policy reserve buying and cost support rather than a new supply shock.
k.sina.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.
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.
