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For the week ending November 6, Chinese soybean meal prices fell 2.49% week over week and soybean oil fell 2.66%, while corn rose 1.04%. The report attributed soybean meal weakness to high stocks, ample soybean arrivals and sluggish feed demand; corn gained as low arrivals prompted processors in North China to raise bids.
It also noted that soybean oil faced ample supply and accumulating stocks.
High soybean meal inventories and weak downstream buying weigh on meal prices, while corn’s firmer bids and tight arrivals support prices. Ample soybean oil supply and slow stock drawdown are bearish for soybean oil.
goodsfu.10jqka.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.
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.
