[Closing Review] No. 2 soybeans fall 1.01% intraday; analysts say U.S. soybeans edge up from lows, while rapeseed meal is relatively resilient among protein meals

China’s No. 2 soybean futures fell 1.01% on November 9 and were down 4.64% over five days. Analysts cited expectations for record U.S. and Brazilian soybean crops as a constraint on prices, although bargain buying helped U.S. futures recover slightly from a 12-week low.

Brazilian soybean planting was reported at 65.45%, ahead of the same point last year.