Because of recent government action that is impacting Chinese crushing facilities across more than 11 provinces and regions, the outlook for the country's soymeal inventories is not great even though soybean shipment arrivals are expected to be significant.
Oilseeds Stepped-Up Pollution Controls Limit Crushing Activity Chinese crushing facilities continue to face reduced operating time as government authorities extend pollution controls across more than 11 provinces and regions. As noted last week, the combination of a cold winter and large amounts of particulate matter in the air forced central government authorities to enact new operating restrictions. The net result has been a slowdown in shipments of soymeal and incre...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
