China Soymeal Weekly: Surging soy import costs lift soymeal prices (week ended Nov 13, 2016)
January CBOT soy futures prices closed lower after a volatile week, as US dollar strengthened after the election. In China, prices of soymeal futures increased in tandem. Meanwhile, spot prices of soymeal surged as well despite higher crushing rates, which drove up production by 3% to 1.76 million tonnes, and transacti ...