Rumors of state policy shifts are driving down China's domestic corn prices, which is affecting some processors' margins. However, the cornstarch and ethanol industries may continue to have a difficult summer as the decrease in prices may be temporary and another variable is tepid. Oilseeds Soymeal Inventories Fluctuate Upward As a result of a surge in South American soybean imports and ongoing stagnant demand from the downstream market, China's estimated soymeal inventories increased to 1.47 MMT, a gain of 120,000 MT, following a 130,000 MT decline the previous week. The total is 360,000 MT or 19.77 percent lower than the same week in 2014. The estimated inventories rose in all surveyed regions except Shandong Province where they fell 2...
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What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...