China Soymeal Weekly: Prices soften as supply exceeds demand (week ended Oct 25, 2015)
The smooth harvesting of US soy crops exerted pressure on the CBOT soy futures market. In China, soymeal supplies increased as crushing rates returned to normal levels whereas demand dwindled after several feed millers have procured sufficient stocks. As a result, prices of soymeal dropped 1.5% during the period in rev ...
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