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On November 5, 2026, soybean meal (43%) in China was priced at 3,154 yuan/t, down 6 yuan on the day and 247 yuan lower than a month earlier. High-protein soybean meal (46%) was flat at 3,210 yuan/t, while rapeseed meal (38%) rose 28 yuan to 2,365 yuan/t.
Corn gluten meal, cottonseed meal and other meals were mixed, with DDGS flat at 2,050 yuan/t.
Soymeal remains weak relative to last month, which eases feed costs for Chinese livestock producers. The small rise in rapeseed meal shows a modest substitution-driven rebound, but the daily moves are too small to signal a trend change.
ncp.mysteel.comNov 5, 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.
