# Mysteel Analysis: This Week’s Agricultural and Byproduct Processed Product Price Report (Oct. 30–Nov. 6)

> China’s soybean oil and soybean meal prices fell over the week, while corn prices rose; cotton was little changed and apple prices declined. Soybean oil was pressured by weaker overseas soybean prices, ample domestic supply and slow inventory drawdown, while high soybean meal stocks and soft feed demand weighed on meal prices. Corn gained as processors in North China raised bids to replenish stocks.

- Date: 2026-11-09 · published 2026-11-09T01:36:25.577Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/88456-mysteel-analysis-this-week-s-agricultural-and-byproduct-processed-product-price
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak meal demand and abundant stocks weigh on soybean meal prices, while ample soybean oil supply pressures oil prices. Processor restocking and low arrivals support corn prices in parts of China.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- CORN: bullish ▲

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110909/C027E3F0A8AF0E9F.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.