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Galaxy Futures: Limited Market Changes, Rapeseed Meal Prices Fluctuate and Stabilize
The overall changes in the fundamentals of U.S. soybeans and international soybeans are relatively limited. After a period of strong bullish reactions, the market’s main influencing factors are beginning to shift towards old crop issues, and supply pressure is expected to increase. In the short term, domestic fundamentals lack bullish support, and soybean supply is gradually recovering. Overall, soybean meal still faces pressure. Rapeseed meal mainly follows soybean meal price movements; near-term demand is relatively average, supply is basically sufficient, but overall inventory remains low. (Galaxy Futures)