Excuse me, does soybean meal futures belong to beans or oils?
Domestic futures soybeans are grain sectors; Closer to corn. Soybean oil; You Zheng; Palm oil belongs to oil pan. Soybean meal; Rapeseed meal; Corn belongs to feed.
Soybean is the raw material of oil mill; Soybean meal; Rapeseed meal is a by-product of oil mill. Output is synchronized with oil; But the demand depends on aquaculture.
The general direction is the same; The relationship is complicated.