China Soymeal Weekly: Price falls amid increased supply (week ended Jun 21, 2013)
While the corn planting regions in the US enjoyed fair climates, CBOT soy futures prices softened of late. With more soy imports arriving, increased crushing rates drove up the supplies of soymeal. Meanwhile, feed millers limited purchases amid slow feed demands. Hence, soymeal prices dropped a substantial 2.8% over th ...
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