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China soybean and relatives market daily: U.S. soybeans rally on positive trade expectations, domestic soybean meal fluctuates higher

Source: Mysteel May 14, 2026 11:28
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Soybean Soybean Meal Demand Price Supply
The CBOT soybean futures main contract continued to rise at settlement, briefly touching a two-month high before closing essentially flat. Traders are anticipating that China, the world's largest importer, may agree to increase purchases of US soybeans as leaders of the two countries hold a summit. In April of this year, the Netherlands pointed out that shipments of four batches of Argentine soybean meal and two batches of Brazilian soybean meal contained prohibited genetically modified organisms (GMOs), leading to the withdrawal of at least three cargoes and prompting Argentina to question the Dutch testing methods.

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