On Wednesday, Dalian soymeal futures fell 1.64% to 3114 yuan per tonne and rapeseed meal fell 1.54%, while palm oil fell 2.91%. CBOT soybeans fell 9.75 cents to 1203.75 cents per bushel.
Rabobank cut its Brazil 2026/27 soybean estimate to 178 million tonnes, and India's October palm oil imports rose to a more than one-year high while soyoil imports hit a record.
Weaker oil prices after the US midterm result, a higher US soybean stock outlook and ample Brazilian supply weigh on meal and oil prices. Strong Indian edible oil imports only partly offset this pressure for buyers.
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.
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.