# Feed Weekly Report | Concurrent Pressure from Renewed Cost Declines, Full Inventories, and a Demand Breakdown

> 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.

- Date: 2026-11-09 · published 2026-11-09T12:16:06.660Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/89421-feed-weekly-report-concurrent-pressure-from-renewed-cost-declines-full
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral
- HOGS: bearish ▼
- METH: bearish ▼

## Sources

- chinafeed.com.cn: http://www.chinafeed.com.cn/shujuziliao/show-121223.html

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