China Soymeal Weekly: Dwindling demand drags down prices (week ended Dec 25, 2016)
CBOT soy March futures prices plunged 5%, hitting five-week lows as speculators reaped profits before the festive holidays while the climates in Argentina improved. Soymeal prices dropped in the production region but stayed stable in the consumption region where supplies were limited due to tight transport schedules.
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