Last week, domestic soybean commercial inventories increased, while soybean meal remained flat.

2026-03-07 09:13:42

Monitoring shows that on February 20th, major oil refineries across the country held soybean import inventories of 4.55 million tons, up 460,000 tons week-on-week, down 1.71 million tons month-on-month, and down 960,000 tons year-on-year, which is 270,000 tons below the average of the past three years; soybean meal inventories stood at 800,000 tons, roughly unchanged week-on-week, down 120,000 tons month-on-month, up 290,000 tons year-on-year, and 180,000 tons above the average of the same period over the past three years. (National Grain and Oil Information Center)

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