Macroeconomics 1. [Economic Policy] China's central bank's fourth-quarter meeting: Continue to implement a moderately loose monetary policy and strengthen counter-cyclical and cross-cyclical adjustments. The meeting pointed

The weekly export sales data reissued by the US Department of Agriculture shows that as of the week of December 11, 2025, the net sales

The daily average export volume of soybean meal from December to present is 124,321 tons, a year-on-year increase of 27.2%. The article shows that the average

Macroeconomics 1. [Public Budget Revenue] According to data from the Ministry of Finance, from January to November, national general public budget revenue totaled 20,051.6 billion RMB,

On December 17th, China National Grain and Material Reserve Data Center reported that the soybean meal inventory in domestic oil factories is still at a

Limited Short-Term Drivers Affected by Sino-US trade friction, the correlation between CBOT soybeans and domestic soybean meal has weakened since April. Overseas soybean markets have shown

According to data from the European Commission, the overall import volume of EU oilseeds and vegetable oils in 2025/26 is lower than last year, reflecting

According to the Commodity Market Analysis System of SunSirs, since November, there has been a long short game, and the soybean meal market has fluctuated

The weekly export sales report reissued by the US Department of Agriculture shows that as of the week of October 30, 2025, the net sales

Macroeconomics 1. [US ADP Employment Change] US ADP employment fell by 32,000 in November, the lowest level since March 2023, compared to a forecast of an

The latest report from the European Commission shows that as of November 28, the EU's import volume of soybean meal for 2025/26 was 7.46 million

The weekly export sales report reissued by the US Department of Agriculture shows that as of the week ending October 23, the export sales volume

According to the Commodity Market Analysis System of SunSirs, starting from November 1st, there was a combination of long and short positions, and the soybean

The latest report from the European Commission shows that as of November 21, the EU's import volume of soybean meal for 2025/26 was 7.02 million

According to the Commodity Market Analysis System of SunSirs, since November, long and short factors have intertwined, and the soybean meal market has fluctuated at

According to feed industry sources, Recently, as Chinese soybean buyers have been placing orders for U.S. soybean shipments, coupled with the U.S. Department of Agriculture's

A 30,000 ton shipment of Argentine soybean meal has successfully cleared customs, marking the first time Argentine soybean meal has entered the Chinese market since

The latest data from the European Commission shows that as of November 16th, the import volume of soybean meal in the European Union was 6.74

Specifically, as of November, the news of China purchasing US soybeans supported the strength of the US soybean futures price, and the cost side exerted

According to the Commodity Market Analysis System of SunSirs, starting from November 1st, there was a combination of long and short positions, and the soybean