Oilseeds Soymeal Inventory Drops Nearly 9 Percent on Strong Demand As demand for soymeal continued to surge following the holiday week, China’s estimated inventory totaled 802,300 MT as of 13 October, down 75,500 MT (-8.6 percent) from the previous week but 284,200 MT higher (+54.9 percent) than the same week in 2016. Soymeal inventories did not decline evenly across the country and actually increased in the southern provinces. Among those regions where they did fall, however, the biggest decreases occurred in Northeast and Shandong with drops of 16,100 MT (-37.97 percent) to 26,300 MT and 29,700 MT (-54.5 percent) to 24,800 MT, respectively.
Imported Soybean Stocks Climb Again After remaining relatively flat for two weeks, soyb...
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...
