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Chinese oil mills posted 43% protein soybean meal quotes on 5 November mostly between 3,200 and 3,370 yuan per tonne, with most regions down 30-80 yuan from the prior day. Several 46% protein quotes were also reported, ranging from 3,370 to 3,590 yuan per tonne.
Lower domestic soymeal quotes reflect weaker imported soybean costs and heavy meal inventories, pointing to softer feed ingredient prices for buyers in the near term.
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.