China Soymeal: 22% price surge since June (week ended Oct 26, 2020)
Demand for soymeal was firm as feed producers stocked inventories in view of expanding hog feed consumption and tight soymeal availability due to the disappointing soy harvests. Additionally, the costs of soymeal production are set to rise due to the soaring prices of global soy futures prices. Hence, even as soymeal s ...
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