In the 12th week of 2026, soybean inventories at major domestic crushers declined, while soybean meal inventories edged up and outstanding contracts decreased. Specifically, soybean inventories stood at 5.1157 million metric tonnes, down 370,400 tonnes or 6.75% from the previous week, and up 2.5977 million tonnes or 103.17% year-on-year. Soybean meal inventories were 670,500 tonnes, up 43,200 tonnes or 6.89% from the previous week, and down 78,700 tonnes or 10.50% year-on-year.