Soybean meal supply will gradually recover, and the ample supply will limit the upside potential of meal prices.

2026-02-27 21:35:57

Most CBOT soybean futures contracts closed lower after traders assessed the impact of the Supreme Court’s rejection of President Trump’s import tariffs on U.S. exports. The benchmark contract fell by 0.3%. During the Spring Festival holiday, U.S. soybeans traded relatively steadily, with slow soybean harvest progress in Brazil providing some support to U.S. soybeans and driving up import soybean costs, which supported the market. After the holiday, oil mills will gradually resume operations and crush soybeans. Additionally, sufficient imported soybeans have arrived at ports, and soybean meal supplies will gradually recover. The ample supply will limit the upside potential of meal prices. (China Feed Industry Information Network)

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