According to the China National Grain and Oil Information Center, as of July 26th, China's soybean meal inventory reached a record high of 1.38 million tons, an increase of 29% from the previous month and an increase of 86.5% from the same period last year. The soybean inventory of the crushing plant also continued to increase, reaching a total of 7.12 million tons, an increase of 14.3% from the previous month and 29.5% from the same period last year.
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