China’s estimated soymeal inventory totaled 773,300 MT as of 10 March, a significant drop from the previous week and even more so from a year ago. Low prices contributed to this development as did another factor.
Oilseeds Soymeal Inventories Fall for Second Straight Week China’s estimated soymeal inventory totaled 773,300 MT as of 10 March, a significant drop of 142,400 MT (-15.55 percent) from the previous week and down 164,900 MT (-17.58 percent) since the last full week of February. It is also 252,700 MT lower (-24.63 percent) than a year ago. Low prices for soymeal and soyoil have stimulated demand while several major producers simultaneously opted to idle their facilities to help improve falling crush margins...
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...
