In the week ending October 23, net export sales of US soybean meal for the 2025/26 marketing year were between 50,000 and 500,000 tons.
The article shows that net export sales of US soybean meal for the 2025/26 marketing year were between 50,000 and 500,000 tons. This range indicates strong international demand (especially close to the upper limit of 500,000 tons), which may reduce supply pressure in the domestic market and support higher spot prices. Combined with soybean meal futures market conditions (the closing price of the Dalian Commodity Exchange 2601 contract was 2969 RMB/ton, up 8 RMB/ton), the export data strengthened bullish sentiment in the market, driving an upward trend in futures prices.
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