USDA has reduced its forecast for U.S. soymeal usage in 2015/16 with a higher volume of canola meal imports from Canada cited as one of the reasons. Certain actions taken by China are also expected to impact that demand as well as the Canadian canola crush. U.S. Soymeal Demand Curtailed by Large Canola Meal Imports USDA last week reduced its forecast for U.S. soymeal usage in 2015/16 by 180,000 MT. One of the reasons cited was a higher volume of canola meal imports from Canada, which USDA is now estimating at 3.817 MMT, an increase of 9.2 percent over 3.497 MMT in 2014/15. U.S. soymeal demand is also likely to be negatively impacted by a decrease in U.S. DDGS exports to China, which is expected as a result of that county’s ongoing anti-du...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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