One significant factor is going to raise operating costs for the deep corn processing industry in China's northern and northeastern regions, and that will likely force the sector to raise prices as corn demand remains strong.
Oilseeds Soymeal Inventory Climbs Again China’s nationwide soymeal inventory totaled an estimated 1,124,600 MT as of 7 July 2017, up 40,500 MT (+3.6 percent) from the previous week and 319,200 MT higher (+39.63 percent) than one year ago. Downstream demand has improved recently, and imported soybean stocks and shipments remain high. Interestingly, there were decreases in all regions except the East and Fujian where estimated inventories rose 59,900 MT (+12.5 percent) to 538,900 MT and 4,200 MT (+10.4...
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...
