From mid-January through the end of the month, China’s estimated soymeal inventories fell sharply due to a combination of factors. Meanwhile, the average domestic corn price managed to hold steady across most regions for the past two weeks, although a development in the south helped drive that price upward in Guangdong.
Oilseeds Soymeal Inventories Fall From mid-January through the end of the month, China’s estimated soymeal inventories fell sharply to 683,800 MT, a decline of 79,800 MT (-10.45 percent). This was due to a combination of lower utilization rates in advance of the New Year celebrations, a pickup in demand and ongoing idling of plants because of air quality problems. Through the week ending 3 February 2...
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...
