January 5, 2021
                            
China Soymeal: Further cost surge strengthens prices (week ended Jan 4, 2020)
 

Over the week, prices of CBOT March soy futures surged another 3.7% to six and a half year high.
 
Crushers lifted soymeal prices as the costs of imports surged further. Meanwhile, the operation rates of crushers fell below expectations, hence tightening the availability of soymeal.
 
Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/31/32/271/2739
 


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