As the estimated soymeal inventories for China's major crushers showed a notable gain last week, the uptick in soybean shipment arrivals and higher utilization rates at processing plants suggest that this upward trend will continue. Oilseeds Soymeal Inventories Continue Upward Trend Last week's estimated soymeal inventories for China's major crushers reached 1.39 MMT, a gain of 7.69 percent over the previous week. This marks three consecutive weeks of increases since early June. However, total inventories are 37.37 percent lower compared with the same week in 2014. Among the surveyed regions, last week's estimated inventories in northeastern China and Guangxi Province rose 34.44 percent to 95,900 MT and 39.72 percent to 207,000 MT, respe...

TAGS – Feed Grains, Soy & Oilseeds, Livestock, Biofuels, Energy, China, North America