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The report says soybean meal futures and spot prices fell during the week as Brazilian currency weakness, progress in the U.S. harvest, and rapid South American planting weighed on the market, while Chinese crushers resisted further spot declines. Corn prices recovered as reduced arrivals in Shandong prompted processors to raise bids, although high port stocks and weak auction demand limited the bullish signal.
It also reported record-low hog futures amid prolonged producer losses and weak feed-additive demand, while new methionine production entered trial operation.
Lower soybean meal prices and expanding methionine supply could ease feed costs, while the corn recovery reflects a short-term circulation squeeze rather than stronger underlying demand. Persistent losses in hog production may constrain livestock demand for feed and keep pressure on feed ingredients.
chinafeed.com.cnNov 9, 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.
