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China’s soybean meal futures were weak on November 10, with the main contract down 0.16% at 3,087 yuan at midday. Hog producers remained unprofitable, feed buyers were purchasing mainly for immediate needs, and high soybean meal inventories and strong arrivals added pressure, while US soybean purchases limited declines in soybean costs.
Loss-making hog production and cautious feed buying restrain soybean meal demand, while high domestic stocks increase near-term selling pressure. This is a routine market update rather than a new supply shock.
18qh.comNov 10, 2026Not 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.
