China Soymeal Weekly: Prices break historic lows (week ended Jun 7, 2015)
Compared with the same period last year, soy imports are expected to increase 14% to 22.5 million tonnes between May and July. This, coinciding with sluggish feed demand, will drag down soymeal prices as crushers maintain high soy oil output. More buyers are expected to cancel futures contracts as a result to mitigate ...