China Soymeal Weekly: Prices rise further, accumulate 40% surge (week ended Sep 7, 2012)
As speculators reaped profits while prices hit hew records, CBOT soy futures prices of November contracts dipped 1.1% over the week. Soymeal prices in China continued to rise even though CBOT soy prices softened of late. Limited availability of other protein meals to replace soymeal has compelled feed millers to contin ...
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