China Soymeal Weekly: Prices dip 5% in two weeks (week ended Apr 7, 2013)
Abundant South American soybeans in the market dragged CBOT soy futures prices to drop to 10 month-low levels. Feed millers who withheld soymeal procurements in anticipation of weak demand turned even more cautious as the outlook of livestock markets was bleak amid reports of H7N9 bird flu outbreaks. Hence, soymeal pri ...
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