According to China Customs data, 181,900 MT of pork were imported in February, an increase of 153.8 percent compared with the same month a year ago. The ongoing success of shipments from Canada, the EU and the U.S. during the first quarter of 2017 can be attributed to one particular factor.
Oilseeds Soymeal Inventories Reverse Course, Up Significantly China’s estimated soymeal inventory had climbed to 719,200 MT as of 21 April, surging 92,700 MT (+14.8 percent) over the previous week. However, it was lower than the estimated 804,200 MT one month ago and 60,700 MT less (-7.78 percent) than the same week in 2016. Among the regions, only the Northeast experienced a decrease as its soymeal inventories fell 1,000 MT (-7.35 per...
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...
