Oilseeds Soymeal Inventory Continues Downward Trend With fall approaching and Brazil’s season winding down, crushers have again dialed back activity. Last week it was reported that Chinese buyers at the annual soybean exporters’ conference in the U.S. left without any purchase agreements in hand. This was the first time in several years that deals worth billions of U.S. dollars have not been concluded. China’s estimated soymeal inventory stood at 1.188 MT as of 31 August 2018, down 35,400 MT (-2.9 percent) from the previous week but up 234,600 MT (+24.6 percent) versus the same week in 2017. Regionally, the inventories increased only in the Northeast, the North, and Fujian Province with gains of 5,700 MT (+6.3 percent) t...