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Wednesday, October 21, 2020
China Soymeal: Strong price surge amid supply concern, rising costs (week ended Oct 19, 2020)
Over the week, prices of CBOT November soy futures increased 2.3%.
Monday, October 5, 2020
China Soymeal: Prices consolidate lower on softer demand (week ended Oct 5, 2020)
Soymeal prices were mixed in China, as sales slowed while market participants prepared for the upcoming holidays. Meanwhile, supplies of soymeal were ample with weekly crushing volumes reaching a high of 2.27 million tonnes.
Friday, October 2, 2020
China Soymeal: Prices soar 7% in six weeks (week ended Sep 28, 2020)
Over the week, prices of CBOT November soy futures fell by 2% after climbing for several weeks.
Thursday, September 17, 2020
Cargill buys eastern China soy processing facility via auction
United States-based Cargill, major agricultural commodities trader and processor said they acquired a soy processing facility in eastern China through a judicial auction, expanding the company's presence in the biggest soy consuming nation ...
Monday, September 14, 2020
USDA: China's demand for corn and soybeans remains strong
United States Agriculture Department (USDA) data showed China has maintained is strong demand for US corn and soybeans, with traders projecting the US government to increase its export forecast for corn and soybeans soon, Reuters reported.
Wednesday, September 9, 2020
China purchases 664,000 tonnes of US soybeans, biggest since July
The United States Agriculture Department (USDA) said Chinese purchasers booked 664,000 tonnes of soybeans, the biggest daily total since July 22 this year to be delivered in the 2020 / 2021 marketing year, Reuters reported.
Tuesday, September 8, 2020
China Soymeal: Market strengthens amid concerns of high soy import costs (week ended Sep 7, 2020)
Over the week, prices of CBOT November soy futures rose further by 1.9%, reaching levels unseen since June 2018.
Thursday, September 3, 2020
China purchases 480,000 tonnes of US soybeans for December-January shipment
State-owned Chinese companies have purchased eight cargoes, or about 480,000 tonnes of soybeans from the United States to be shipped in December and January, according to two US traders, Reuters reported.
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, August 26, 2020
China Soymeal Weekly: Prices stay stable (week ended Aug 24, 2020)
Feed producers withheld purchases as the availability of soymeal increased amid ample soy supplies. Prices of soymeal consolidated following the previous week's significant fall.
Tuesday, August 18, 2020
China's August soybean vessel arrivals seen to rise
China is expecting around 158 vessels carrying 10.36 million tonnes of soybeans to arrive in August, higher than July with actual arrivals of 147 vessels, analytics firm Cofeed said, reported S&P Global Platts.
Tuesday, August 18, 2020
China Soymeal Weekly: Ample availability weighs down prices (week ended Aug 17, 2020)
Even as global soy price strengthened lately, China's soymeal market weakened as state soy auctions increased supplies considerably. Moreover, crushers inventories expanded amid expanded output and cautious demand.
Wednesday, August 12, 2020
China buys 456,000 tonnes soybeans
According to USDA officials, private exporters reported sales of 456,000 tonnes of soybeans for delivery to China during the 2020/2021 marketing year, reported Iowa Agribusiness Radio Network.
Wednesday, August 12, 2020
China Soymeal Weekly: Prices consolidate lower from high levels (week ended Aug 3, 2020)
Crushers in China stepped up production while soy availability increased. With supplies ample and the global soy market weakening, soymeal prices in China moved lower during the week in review.
Tuesday, August 11, 2020
China's traders say US soy purchases set to increase in fourth quarter
Chinese importers are set to boost soybean purchases from the United States to fulfil demand for livestock feed in the country, with the increased purchases coinciding with the beginning of the US harvest season, Reuters reported.
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