On January 12, the soybean meal market oscillated up, and the mainstream quotation was 3,638 yuan/ton, up 3.29% from the beginning of the month. South American weather speculation, soybean futures prices rebounded, the spot rose with the disk. The spot market of soybean meal oscillated up. As the Spring Festival is approaching, the demand for feed has turned weak, and the soybean meal market outlook is expected to rise under pressure.

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