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feed-grains soy-oilseeds

China In-Country Analysis

Cultural The Year of the Pig is Here This week was the kickoff of China’s largest and longest national holiday of the year, the Spring Festival (also known as Chinese New Year). The tradition dates back more than 4,000 years and coincides with the start of the Lunar Calendar. Monday was New Year’s Eve with celebrations featuring images of pigs, the zodiac animal for 2019, taking place across the country. The Spring Festival will run until 15 February and then be succeeded by the Lantern Festival. As such, soybean and corn processing activities should slow to a crawl for at least the next ten days. The pig follows the dog as the twelfth and last zodiac animal in China’s Lunar Calendar system. The use of the zodiac starte...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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