National Grain and Oil Information Center: In mid July, imported soybeans were concentrated at the port, and the high temperature weather increased the risk of soybean heat loss. The operating rate of domestic oil plants remained high, and the soybean crushing volume remained above 2.2 million tons for eight consecutive weeks. The supply of soybean meal was sufficient and continued to accumulate. However, downstream feed companies purchase according to demand, and there is insufficient demand for building a large number of warehouses. The pick-up and trading volume of soybean meal have both decreased on a weekly and month on month basis, and it is expected that the domestic spot price of soybean meal will fluctuate weakly in the near future.

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