Loading…
China’s soybean meal stocks reached 1.3894 million tonnes at the end of October, their highest level in nearly a decade, after three consecutive weeks of post-holiday inventory builds. The article attributes the limited price decline to import-cost support and oil mills’ reluctance to sell at a loss, despite ample soybean arrivals, stronger crushing and weak feed demand; it expects stocks to remain high through November, with clearer destocking more likely in mid-to-late December.
Heavy stocks and subdued livestock-feed demand weigh on Chinese soybean meal prices, while soybean import costs and oil-mill resistance to selling at a loss provide a floor. Faster destocking would reduce that pressure, but the article says the conditions for it are not yet in place.
chinafeedm.comNov 9, 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.
