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This caused crusher profit margins to swing abruptly upward mid-April. On April 20, the spot price on soybean meal was up 10% week over week. On April 20, the spot price on soybean meal was up 10% ...Web

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The Chinese soybean meal price was moved into a downward trend for the first time since it reached a historic average high of Yuan 5,660/mt on Nov.10. ... harder to ask feed millers bid up for soybean meal of forward delivery months as the price is trending downward," a Chinese crusher said. The meal price will drop more during the end of Q1 ...Web

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"The operation rate at our crushing plant is only 60% currently -- the rate used to be at 90% last year -- meanwhile the industry crushing operation rate would be below 60%," one Chinese crusher source said. The operating rate at soybean crushing plants at 53.5% was down 5% month on month and the lowest to date in 2022, market sources said.Web

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There could be units that have run at high operational rates that has led to stress breakdown," a second Chinese crusher said. Market sources estimated domestic crushing volume in China to hover at 1.8 million-2 million mt for the week of Aug. 28-Sept. 1. ... Platts SOYBEX October CFR North China prices found support on hot and dry …Web

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The Chinese soybean meal price was moved into a downward trend for the first time since it reached a historic average high of Yuan 5,660/mt on Nov.10. Chinese …Web