World Perspectives
feed-grains soy-oilseeds

China In-Country Analysis

Oilseeds Soymeal Inventory Reverses Course: With soybean crushers returning to normal activity and ramping up output in anticipation of higher feed demand, estimated soymeal inventories added 74,000 MT (+2.3 percent) to reach a total 748,700 MT as of 8 December 2017, up 358,500 MT (+91.9 percent) versus the same week in 2016. At the regional level, the main drivers of this growth were Shandong and Guangxi with increases of 62,000 MT (+101.3 percent) to 123,200 MT and 18,500 MT (+45.3 percent) to 59,300 MT, respectively.

  Imported Soybean Inventory Falls Slightly The estimated imported soybean stocks at China’s 20 major seaports were relatively stable as of 15 December 2017 with just a slight drop of 5,100 MT to 6.86 MMT...

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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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