During the National Day holiday, the prices of soybeans and soybean meal on the outer disk fell. After the holiday, even soybean meal fell in response, and soybean meal opened at 3370 yuan/ton, down 98 yuan/ton. The spot price fell with the market, and the mainstream price was 3,832 yuan/ton, down more than 1%. Terminal feed demand is weak, aquaculture has entered the off-season, and soybean meal prices have fallen weakly. The supply of soybean meal is tight due to the power curtailment of soybean oil plants. Soybean meal's downside is expected to be limited in the future.

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