Two developments last week caused China's estimated average crush margin to rise sharply to RMB 108/MT ($16.20/MT), an improvement of RMB 111/MT ($16.66/MT) from the previous week.
Oilseeds Soymeal Inventory Rises for Fifth Consecutive Week China’s national estimated soymeal inventory extended its pattern of growth from July into the first week of August, rising to a total 1,412,300 MT as of 4 August. That was an increase of 58,000 MT (+4.3 percent) from the last full week of the previous month and 377,500 MT (+36.5 percent) higher than the same week in 2016. For the second week in a row, soymeal inventories rose across all regions with the exceptions of the North and Guangdong Province, which saw declines of 12,300 MT (-...
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...
