Following its previous efforts to limit corn imports and unwind the large surplus of domestic stocks, China's National Reform and Development Commission (NRDC) revealed new policies for its corn import TRQ quotation application and also announced a new state auction. Oilseeds Soybean Imports Rise as 2014 Comes to a Close The latest China Customs data for the January-November 2014 period shows that China's soybean imports increased by nearly 12.5 percent against the previous year, reaching 62.9 MMT. The top eleven importers accounted for 63 percent or 39.52 MMT of the total and included:
Shandong Sunrise Group 93 Oils Yihai Kerry (Wilmar International) COFCO Sinograin Oils Chinatex Grains & Oils Cargill Linyi Shengquan Sanh...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
