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Thursday, February 1, 2024
Chicago soybean futures hit two-year low amid supply glut, China demand concerns
Chicago soybean futures experienced a significant downturn, plunging to a two-year low below US$12 a bushel due to improved supply expectations from South America and growing concerns about demand from China, Nasdaq reported.
Tuesday, March 1, 2022
Soymeal futures in China reach a record high on tight bean supplies
Soymeal prices on China's Dalian Commodity Exchange rose to a record high even as the government plans to release soybeans from its reserves over concerns of tight supplies of the oilseed in the market, Reuters reported.
Thursday, March 18, 2021
US corn futures continues to rise thanks to increased demand from China, soybean drops
Chicago corn futures on the Chicago Board of Trade (CBOT) gained for a fifth consecutive session thanks to demand from China, while wheat prices eased and soybean prices dropped, Reuters reported.
Friday, March 12, 2021
Soymeal futures in China slumped following African swine fever resurgence concerns
Soymeal futures in China's Dalian Commodity Exchange slumped following concerns of an African swine fever (ASF) resurgence may affect demand for the key livestock feed ingredient over the coming months, Reuters reported.
Monday, March 1, 2021
Soymeal futures in China decline because of swine disease concerns
Soymeal futures in China declined 5%, the sharpest drop in eight years on February 26, as investors took profit and new African swine fever (ASF) outbreaks in the country resulted in concerns over demand, Reuters reported.
Tuesday, January 26, 2021
Drop in soybean, corn futures attributed to South American weather, ASF in China
Soybean and corn futures have fell due to favorable South American weather and the resurgence of African swine fever in China, market sources told S&P Global Platts on January 25.
Tuesday, December 22, 2020
China Soymeal: Prices rise amid strong CBOT futures rebound (week ended Dec 21, 2020)
Over the week, prices of CBOT March soy futures surged a whopping 5%.
Tuesday, September 1, 2020
China Soymeal: Global soy futures rally underpins China soymeal market (week ended Aug 31, 2020)
Over the week, prices of CBOT November soy futures surged a whopping 5%, hitting seven month highs amid speculations of low harvests in the US due to dry climates.
Wednesday, May 6, 2020
Soybeans, corn futures fell as US-China tensions rise
CBOT soybean and corn futures slid on Monday as growing tensions between US and China raised further demand worries, adding to COVID-19 disruptions on biofuel and livestock feed markets, reported Reuters.
Tuesday, May 14, 2019
Soybean futures plunge to lowest in a decade as US-China trade war escalates
The still-unresolved US-China trade war has led to soybean futures dropping to their lowest level in a decade as it appears unlikely that China will resume purchases of US beans, Bloomberg reported.
Thursday, November 8, 2018
China Soymeal Weekly: Subdued demand drags down China soymeal prices despite surging soy futures (week ended Nov 5, 2018)
Despite stronger CBOT soy futures prices, China's soymeal market weakened over the past week. Feed millers held back purchases as China government lowered the protein requirements in feeds, while market participants saw hope in the trade wa ...
Thursday, June 14, 2018
China Soymeal Weekly: Prices slide as soy futures market tumbles (week ended Jun 11, 2018)
With global soy futures markets tumbling, soymeal prices were under pressure. Moreover, buyers were not motivated to accumulate stocks as domestic feed demand remained slack. Soymeal prices slid 1.5% on average.
Tuesday, April 24, 2018
China Soymeal Weekly: China soymeal market softens as futures prices fall (week ended Apr 23, 2018)
Transaction volumes of soymeal decreased 49% to 718,400 tonnes as several buyers withheld buying after placing orders during the previous week. Soymeal prices slid 2.6% over the week.
Monday, January 22, 2018
China Soymeal Weekly: Prices rebounds as global soy futures market strengthens (week ended Jan 22, 2018)
Prices of CBOT March soy futures closed 1.4% higher during the week in review, as the harvests in Argentina raised concerns. In China, soymeal prices consolidated higher, rising 0.90% on average.
Monday, December 18, 2017
China Soymeal Weekly: Softer demand, weak soy futures market drag down China soymeal prices (week ended Dec 18, 2017)
Prices of CBOT January soy futures plummeted 2.3% during the week in review, falling to three-month lows while soy production forecasts for the US and south America remained unchanged.
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