Taiwan Crushers Tender for Soybeans Encouraged by the recent sharp drop in soybean futures prices, Taiwan's Breakfast Soybean Procurement Association (BSPA) today tendered to purchase up to 180,000 MT of soybeans. The soybeans are to be shipped from either the U.S. or South America, and delivery is to be 11-25 December 2012, 11-25 January 2013 and 6-20 February 2013. At least the first two cargoes are expected to be sourced from the United States. The tender closes on Thursday.It is likely crushers from several countries will use the recent setback in soybean prices to tender for soybeans. Prices have declined by over $2/bushel in recent weeks and now look attractive. However, there is still the potential for prices to move higher if USD...
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...
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