China Soymeal Weekly: Imminent supply expansion drags down prices (week ended Dec 10, 2018)
Prices of CBOT March soy futures closed lower by 1.7%. As news of China importing 1.13 million tonnes of soy from the US spread, the demand for soymeal weakened further. With usages slow due to decreased protein requirements in feed production, and the hog sector plagued by the African swine fever, the imminent increas ...










