The landed price of imported soybeans was $422/MT last week, up $3/MT from the week before, and that combined with amother factor to bring domestic crush margins down nearly RMB 45/MT ($6.48/MT) from the previous week’s two-year high.
Oilseeds Soymeal Inventories End Slide and Exceed 400,000 MT China’s nationwide estimated soymeal inventory rose to 408,900 MT for the week ending 23 December 2016, up 74,100 MT (+14.2 percent) from the previous week. Despite the obligatory plant closures due to the widespread air pollution problems, crushers were forced to increase output where possible in order to accommodate the steady arrival of new soybean imports. Nonetheless, the estimated soymeal inventory was 1.14 MT lower (-7...
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...
