Oilseeds Soymeal Inventory Retreats Breaking four consecutive weeks of increases, China’s estimated soymeal inventory fell to 883,700 MT as of 5 January, a 40,600 MT (-4.4 percent) drop from the previous week but 197,900 MT higher (+28.9 percent) than the same week in 2016. The primary reason for the decline was the decrease in those stocks in the East, which fell 58,500 MT (-10.7 percent) to 488,400 MT.
Imported Soybean Inventory Decreases Slightly The estimated imported soybean stocks at China’s major seaports remained relatively stable last week with only a 1,600 MT decline to 6.86 MMT as of 12 January. The stocks at the five major ports in Shandong Province accounted for 24.8 percent, up from 22.6 percent the previous...
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...