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Soybean meal at Montoir rose to 446 €/t, extending a rise that began in early November. In the US, meal prices are recovering after losing about 13.5% over the past month under heavy harvest pressure, with 92% of the area harvested.
USDA confirmed abundant production with a yield of 53.3 bu/acre and 124.5 million tonnes, while raising its export forecast to 46.81 million tonnes.
A weaker euro against the dollar and the approaching EU deforestation regulation are supporting European meal prices. Strong US export demand, especially from China, offsets the larger crop, while the expected US-China talks and Brazilian competition in 2027 add volatility.
lafranceagricole.frArgus MediaNov 13, 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.
