Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznador) today indicated it may soon prohibit U.S. soybean imports because of what it claims were seven cases of shipments contaminated with banned objects. Chinese Soybean Imports Up in 2015, But Those from the U.S. Declined Data released today by China’s General Administration of Customs indicated the country’s 2015 soybean imports increased 14.4 percent to 81,693,953 MT. Last month’s total was 9,119,844 MT, a gain of 6.94 percent over December 2014. The average import price in December was $392.39/MT ($10.68/bushel).Despite the boost in China’s soybean imports last year, shipments from the U.S. to that destination fell 5.37 percent to 28,414,496 MT compared...
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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