USDA’s WASDE report of yesterday included some interesting changes to the oilseed sector forecasts for 2016/17 as well first projections for 2017/18 that are highly speculative at this point, particularly for the soybean sector. WASDE Highlights USDA’s WASDE report of yesterday included some interesting changes to the oilseed sector forecasts for 2016/17 as well first projections for 2017/18 that are highly speculative at this point, particularly for the soybean sector..U.S. Domestic Market
U.S. soybean ending stocks on 31 August 2017 were reduced by 10 million bushels to 435 million bushels. That was slightly below the 438 million-bushel average of analysts queried by Reuters. The average price received by U.S. farmers for soybeans i...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
