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Dalian-style soymeal commentary says US soybean harvest is nearly complete, with harvest pressure entering its seasonal tail and fund net-long positions still being reduced. Brazil's real has depreciated sharply, making Brazilian beans more competitive, while Chinese buying and US biodiesel demand provide some support.
Domestic soymeal supply is ample and crush mills are running high, but feed demand is weak.
A weaker real and abundant South American supply lower the cost of imported beans and add pressure on soymeal prices, while Chinese crush margins and inventories keep domestic meal supply heavy.
finance.sina.com.cnNov 3, 2026Not 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.
