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A Chinese agricultural market update reported declines in soybeans, canola, and vegetable oils, while soybean meal and rapeseed meal futures edged higher after recent losses. U.S. soybean export sales for the week ended October 29 fell 44% week over week to 1.456 million tonnes, though shipments reached a marketing-year weekly high; Chinese purchases totaled 873,900 tonnes.
The report also cited rising soybean meal stocks and subdued feed demand, alongside seasonal weakness in aquaculture demand for rapeseed meal.
Weak export sales, ample crushing supply, and cautious feed buying weigh on soybean meal and oilseed prices, while low rapeseed meal inventories offer some support. The article is primarily a mixed routine market update rather than a new supply shock.
finance.eastmoney.comNov 6, 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.
