Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • Analysis
  • /
  • Article

China Soybean and Relatives Daily: Soybean meal inventories remain at one million tons, awaiting guidance from the USDA monthly report

Source: Mysteel Feb 10, 2026 10:57
Share this with
X linkedin WeChat Copy this link
Soybean Soybean Meal Demand Price Supply
CBOT soybean futures ended their four-session winning streak. Influenced by the accelerated soybean harvest in Brazil, coupled with profit-taking by some investors after prices hit a two-month high and broke above the $11 mark in the previous session, the market underwent a technical correction. Trading remained range-bound throughout the day as investors adopted a cautious wait-and-see approach ahead of the U.S. Department of Agriculture (USDA) monthly supply and demand report scheduled for early Wednesday. The report is expected to raise estimates for Brazilian soybean production and U.S. demand, while lowering projections for Argentine output and ending stocks. Market consensus suggests that CBOT soybean prices may continue to consolidate within the range of 1100-1150 cents per bushel until the report provides clearer direction.

You May Also Like
  • China Soybean and Relatives Daily: DCE soybean meal strengthens on firmer CBOT, pre-holiday soymeal spot prices supported

    Feb 12, 2026 11:25

  • China Soybean and Relatives Daily: Bearish factors exhausted after the USDA monthly report

    Feb 11, 2026 10:43

  • China daily imported soybean crush margin tracking 20260209

    Feb 09, 2026 16:20

  • Mysteel' s survey on national crush plants' shutdown and resumption schedule for Chinese New Year holiday in 2026

    Feb 09, 2026 10:40

  • China Soybean and Relatives Daily: U.S. Soybeans Benefit from Policy Support, Soybean Meal Trading Weakens Ahead of the Holiday

    Feb 04, 2026 11:23

Price Curve
Daily Prices
  • Galvanized steel prices: Shanghai

    Feb 12, 2026 15:04

  • CRC prices: Shanghai

    Feb 12, 2026 15:03

  • Construction steel prices: Changzhou

    Feb 12, 2026 14:52

  • Gear steel prices: Hangzhou

    Feb 12, 2026 14:49

  • Cr alloy structural steel prices: Hangzhou

    Feb 12, 2026 14:49

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved.
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com