China Soymeal Weekly: Bumper Brazil soy harvest drags down China soymeal prices (week ended Jan 4, 2013)
CBOT soy futures market fell considerably during the period in review due to Brazil's 83 million tonnes bumper soy harvest, which was 26% higher compared with the previous year. With CBOT soy futures falling and buying interest weak after the New Year holidays, China soymeal market weakened significantly.
