With the landed price of imported soybeans climbing for the second consecutive week to an average $443/MT, the crushing margin fell to RMB 235/MT ($34.64/MT), However, other factors also helped drive that margin downward.
Oilseeds Soymeal Inventories Climb for Fourth Straight Week Stepped-up crushing activity by the major oilseed companies continued to push China’s soymeal inventories higher through the week ending 13 January 2017 to a total 763,600 MT, up 77,800 MT (+11.34 percent) from the previous week and a gain of 206,900 MT since the end of December. With the steady arrival of imported soybean shipments in late December and early January, the major crushers have had to boost utilization rates even though feed demand...
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...
