China's monthly food inflation entered negative territory in February for the first time since 2009. Meanwhile, prices for animal protein, including pork, beef and mutton, fell in 50 major cities during the first quarter of 2017 despite no signs of expansion in one particular sector.
Oilseeds Soymeal Inventories End March Down Sharply China’s estimated soymeal inventory had fallen to 736,800 MT at the end of March, a decrease of 67,400 MT (-8.38 percent) from the previous week and down 179,000 MT (-19.55 percent) since 3 March. It was also 253,700 MT lower (-25.62 percent) than the volume at the end of March 2016. Among all the regions, estimated soymeal inventories increased 14,600 MT (+14.27 percent) to 116,900 MT in th...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
