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...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
