China's average domestic corn price continued to see gains last week. Looking ahead, prices for corn byproducts should trend upward as demand for both corn and ethanol rise with the onset of a cold winter season. Oilseeds Soymeal Inventories Continue to Rise China’s estimated soymeal inventories reached 1.39 MMT last week, an increase of 70,000 MT over the previous week and 620,000 MT higher than the same week in 2014. Among the surveyed regions, they showed strong upward trends in southern China. Last week’s inventories rose 25.41 percent to 183,500 MT in Guangxi and 13.4 percent to 138,200 MT in Fujian. In contrast, they fell 4.83 percent to 203,200 MT in northern China. As noted below, soybean imports are projected to hit a reco...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...