World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

China's soymeal inventories continued the pattern established after the first week of 2016 and dropped by 80,600 MT (-5.6 percent)  last week to 1.35 MMT, a total that was 50,000 MT lower than the same week in 2015. This was all due to a combination of factors. Oilseeds Soymeal Inventories Continue to Decline as Expected Continuing the pattern established after the first week of 2016, last week’s soymeal inventories dropped by 80,600 MT (-5.6 percent) to 1.35 MMT and were 50,000 MT lower than the same week in 2015. This was all due to the combination of the processing industry’s low utilization rates and downstream customers’ stepped-up feed purchases. Northeast China was the only region that saw its inventories increase from the we...

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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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Illuminating the value of technical research

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