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China’s soybean meal futures and spot prices were mixed, while Brazilian November soybean and soybean-meal export forecasts were below year-earlier levels. The report said Chinese crushers’ operating rates are recovering and soybean and meal inventories remain high, while livestock-sector losses are limiting feed buyers’ willingness to stock up.
High domestic inventories and cautious feed demand make soybean meal supply relatively ample, creating downward pressure on prices. Stronger U.S. soybean exports or adverse South American weather could provide a countervailing boost.
finance.sina.com.cnNov 6, 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.
