Oilseeds Soymeal Inventory Continues to Shrink, But Pace Slows Increased plant idling through the first week of November led to further contraction in China’s nationwide soymeal inventory. The estimated total was 632,100 MT as of 3 November, a decrease of 16,200 MT (-2.5 percent) from the previous week but 43,500 MT higher (+7.4 percent) than the first week of November 2016. The biggest weekly drop, 10,700 MT (-16.1 percent), occurred in Guangxi Province.
Imported Soybean Inventory Declined Slightly As of 10 November 2017, the estimated imported soybean stocks at China’s major seaports totaled 6.84 MMT, a drop of 23,000 MT (- 0.33 percent) from the previous week. Those at the five major ports in Shandong Province accounted...
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...
