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Soybean meal production is relatively large, but feed and aquaculture companies are cautious in purchasing.

2026-07-07 12:39:16

Due to the U.S. Independence Day holiday, the U.S. markets are closed. Rainfall and cooling have arrived in the Midwest producing regions, curbing the momentum of weather speculation. Combined with the increase in U.S. soybean planting area and the continued release of pressure from Brazil's record soybean production, which weakens the competitiveness of the U.S. soybean market, the rise in U.S. soybean prices is limited. Domestically, it is the peak period for imported soybean arrivals. As supply gradually increases, crushers maintain high crush volumes, resulting in large soybean meal output. However, feed companies are cautious in purchasing, and soybean meal inventories continue to climb. The pressure from increasing supply limits crushers' ability to support prices. Without the coordination of weather speculation for reduced U.S. soybean production, soybean meal's upward momentum is weak. (Feed Industry Information Network)

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