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CBOT soybeans closed lower for an eighth straight session, back into their August trading range, as the US harvest nears completion amid record production expectations and funds keep reducing longs. Domestic soymeal futures fell two sessions to early-August lows and rapeseed meal dropped to a six-month low, with Canadian rapeseed crushing margins under pressure and China's commerce ministry reporting progress in Canada trade talks.
Heavy US supply and fund liquidation are pushing soybean and meal prices lower, while weak domestic crush demand and a lower Brazilian real add pressure on meal values for feed buyers. Canadian rapeseed meal faces weak demand in the off-season for aquaculture, though a tariff exemption extension could ease supply costs.
goodsfu.10jqka.com.cnNov 5, 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.
