World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

The projected drop in soybean imports during January and February should give the major crushers some added breathing room as they work through the massive buildup from the fourth quarter of 2015. However, it could also be an omen as China’s livestock market appears headed for a major reset in several areas. Oilseeds Soymeal Inventories Continue to Rise Soymeal inventories rose 70,000 MT (+4.5 percent) to 1.62 MMT in the first week of January 2016 and were 601,800 MT (+59.1 percent) higher than the same week a year ago. Among the surveyed regions, they fell sharply last week to 198,900 MT (-33.7 percent) in northern China and 211,100 MT (-31.9 percent) in Shandong Province. In stark contrast, soymeal inventories increased to 174,300 MT (...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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