China Soymeal Weekly: Prices gain 35% in nine weeks (week ended Jun 12, 2016)
Climbing for the ninth consecutive week, CBOT soy futures prices reached two-year highs as USDA lowered projections for soy harvests in the US. Soymeal market stayed buoyant, surging another 4.7%. Over the past nine weeks, soymeal prices have gained a tremendous 35%.
