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...
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...
