One particular price development helped hold the crushing margin in China relatively steady last week as the average return came in at RMB 76/MT ($11.40/MT), a slight decrease of RMB 9/MT ($1.35/MT) from the week prior.
Oilseeds Soymeal Inventory Falls for Second Consecutive Week China’s estimated soymeal inventory totaled 1,186,900 MT as of 18 August 2017, a decrease of 115,300 MT (-8.9 percent) from the previous week but up 388,800 MT (+48.7 percent) compared with the same week a year ago. A drop in the volume of soybean imports versus the nearly 18 MMT that entered China during June and July as well as a nice surge in soyoil prices helped bring down the supply.At the regional level, estimated soymeal inventories droppe...
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...
