According to Jinshi Futures, affected by the decline in soybean and soybean oil markets, soybean meal futures on the Chicago Board of Trade (CBOT) closed down 0.4% on Wednesday (June 25). Favorable weather conditions in U.S. soybean production areas and improved crop prospects continue to pressure the soybean and processed product markets. The sharp drop in crude oil futures also weighed on demand. The U.S. Department of Agriculture will release its weekly export sales report on Thursday. Analysts expect net soybean meal sales to be between 200k and 550k tons for the week ending June 18, 2026.