The beginning of 2017 brought virtually no relief to China’s domestic corn market as the average price dropped in all major provinces except for Shandong. A combination of two factors helped accelerate the price decline in the northeastern provinces of Heilongjiang, Jilin and Liaoning.
Oilseeds Soymeal Inventories Up Sharply at End of December As 2016 came to a close, the steady inflow of imported soybeans forced Chinese crushers into action. Notwithstanding the mandatory plant closings due to the state-implemented emergency pollution controls, the country’s total estimated soybean inventory jumped 147,800 MT (+36.1 percent) to 556,700 MT in the last week of December, but that was 990,500 MT less (-64.1 percent) tha...
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...