China Soymeal Weekly: Strong soy futures market lends support to soymeal prices (week ended Jun 21, 2015)
CBOT soy futures prices rebounded strongly as floods delayed sowing in the soy planting regions of the US. Buoyed by a strengthening CBOT soy futures market, soymeal prices dropped at a much slower rate of 0.4% compared with the previous week's 2% slide. Nonetheless, demand remained slow amid poor feed demand, limiting ...