# [Closing report] Rapeseed meal falls 1.54% intraday; institution says oilseeds: US soybean losses pressure costs, both meals fall to test lows

> On November 4, Zhengzhou rapeseed meal futures fell 1.54% to 2168 yuan per tonne, with spot prices following lower. Soybean meal futures also hit new lows of the current decline, and CBOT soybeans fell for a fifth straight session as harvest and Brazilian crop expectations rose.

- Date: 2026-11-04 · published 2026-11-04T19:36:36.693Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/80390-closing-report-rapeseed-meal-falls-1-54-intraday-institution-says-oilseeds-us
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising Australian canola arrivals and rising domestic soymeal stocks (up 94,000 tonnes week on week) point to looser supply, which weighs on feed meal prices and lowers costs for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261104/c681452143.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.