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The soybean meal market is following ample supply and weak feed demand in China. Participants are awaiting the USDA WASDE report due that Tuesday afternoon.
Soybeans were trying to recover in Chicago, while Paranaguá export premiums held steady and the dollar was near R$5.53.
Weak Chinese feed demand limits export demand for meal and keeps prices under pressure. The USDA report could reset the outlook for US soybean and corn supplies.
okamoto.com.brNov 10, 2026Not 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.
