China Soymeal Weekly: More loss in soymeal market with US soy softening (week ended Oct 25, 2013)
With aquaculture gearing down, demand for feed, thus soymeal was falling short. Though broiler prices remained stable, inventory expansion stayed weak, which also reduced the demand for feed. As a result, China soymeal prices fell in most regions. Meanwhile, US soy production was higher than expected. With more supplie ...
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