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feed-grains soy-oilseeds

China In-Country Analysis

Oilseeds Soymeal Inventory Falls Below 1 MMT Strong downstream demand from the feed industry as hog prices continue to surge pushed China’s nationwide soymeal inventory below the 1 MMT threshold. The total stood at 940,000 MT as of 14 September 2018, down 83,100 MT (-8.1 percent) from the previous week and 58,800 MT (-5.9 percent) versus mid-September 2017. Trends were mixed across the regions with increases in three and declines in four. Soymeal stocks dropped 25,300 MT to 82,000 MT in Shandong Province last week and rose 15,300 MT (+14.6 percent) to 120,300 MT in the North. With imports from Brazil fading, the downward trend should continue through the rest of the fall.

Imported Soybean Inventory Climbs Again China continued t...

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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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