China Soymeal Weekly: Tumbling CBOT soy futures drag down China soymeal prices (week ended Sep 14, 2014)
Good progress in the soy planting regions of the US, as reported in USDA's latest update, dragged soy futures prices down by 3.54% over the week. Soymeal futures prices in Dalian Commodities Exchange tumbled in tandem to new lows, while crushers and traders slashed prices in attempts to clear stocks.