Loading…
Chinese soybean meal futures and spot prices fell over the prior week, while domestic soybean meal stocks rose 7.26% to 1.389 million tonnes and sales weakened. US soybean harvest progress was ahead of average, and analysts cited ample supply, subdued Chinese feed demand and a bearish near-term outlook, with South American weather remaining a potential source of support later.
High stocks and softer meal buying weigh on Chinese soybean meal prices, while the large US crop and orderly South American planting add to near-term supply pressure. Weather threats in South America could reverse that pressure if they materially threaten production.
finance.sina.com.cnNov 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.
