China’s corn market showed some signs of recovery last week as the average domestic price rose RMB 18/MT ($2.61/MT) to RMB 1,505/MT ($218.43/MT). It bounced back strongly in two particular regions and more moderately in the Northeast.
Oilseeds Soymeal Inventories Continue to Climb China’s nationwide, estimated soymeal inventory totaled 938,200 MT as of 24 February, an increase of 226,300 MT (+31.8 percent) versus a year ago at the same time. The higher volume at the end of last month was the result of crushers churning through the large quantities of imported soybeans that landed in January and throughout February. In Shandong and the East, the two regions with the biggest week-on-week growth, estimated soymeal inve...
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...
