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Tuesday, August 11, 2020
China's 2020 soybean imports increase 18% through July
China's soybean imports rose 18% this year through July as compared with the previous year, according to data from the General Administration of Customs, Reuters reported.
Thursday, August 6, 2020
USDA: 192,000 tonnes of US soybeans exported to China
The United States Department of Agriculture (USDA) said private exporters shipped 192,000 tonnes of US soybeans to China, the first sales of soybeans to China since July 27, Reuters reported.
Monday, July 27, 2020
China's June soybean imports from Brazil hit record high
Data from China's General Administration of Customs showed China's June soybean imports from Brazil rose to a record high following higher demand for the oilseed due to China's steadily recovering swine herds, Reuters reported.
Monday, July 27, 2020
China Soymeal Weekly: Crushers' inventories dwindle rapidly amid strong demand (week ended Jul 27, 2020)
Anticipating soy harvests to be poorer than expected, buyers eagerly stockpiled inventories of soymeal. Inventories of crushers dwindled rapidly over the past two weeks. Some crushers reported that pre-orders were so strong that at least ha ...
Saturday, July 18, 2020
China purchases more US soybeans
Private importers in China booked more US soybeans on Wednesday as the end of Brazil's export season approached, according to traders, Reuters reported.
Thursday, July 16, 2020
China's June soybean imports jump 71% on-year
Soybean imports of China hit a record high in June, jumping 71% on-year, according to customs data on Tuesday, as a flurry of cargoes arrived from top supplier Brazil, Reuters reported.
Wednesday, July 8, 2020
China Soymeal Weekly: Strong price rebound (week ended Jul 6, 2020)
Prices of soymeal increased as crushers were wary of the surge in the import costs of US soy beans. However, with weekly crushing volumes staying above 2 million tonnes, and the production of feed limited, soymeal inventories of sellers exp ...
Monday, July 6, 2020
China purchased more US corn and soybean in May
The United States exported large orders of corn, soybean and other agriculture goods to China in May, but China is still far from meeting its Phase 1 US-China trade deal pledge, Bloomberg reported.
Tuesday, June 30, 2020
China Soymeal Weekly: Market stable, sales limited (week ended Jun 29, 2020)
Soymeal sales were limited as feed producers continued to hold back purchases. This, together with expanding crushers' inventories, put a lid on soymeal prices.
Friday, June 26, 2020
Soy exporters in Brazil cannot guarantee shipments to China free from COVID-19
The association representing local grain traders, ANEC said Brazilian grain exporters should not declare shipments to China free from COVID-19 as that needs more testing, Reuters reported.
Friday, June 26, 2020
China's soy buyers ask guarantee of coronavirus-free cargoes
Soybean buyers are asking China's exporters to sign a letter assuring their cargoes are not infected with the new coronavirus, US, Brazilian and Canadian soy industry officials stated on Tuesday, Reuters reported.
Thursday, June 25, 2020
China's agriculture ministry approves first domestic GM soybean import for livestock feed use
Two genetically modified (GM) soybean varieties have been approved by China's Ministry of Agriculture and Rural Affairs, including one developed by Beijing Dabeinong Technology Group, the first Chinese engineered soybean approved for import ...
Tuesday, June 23, 2020
China Soymeal Weekly: Prices consolidate lower on cautious demand (week ended Jun 22, 2020)
China held its second round of reserves soy auction on June 19. With demand robust, closing prices were high and the 47,579 tonnes offered were fully sold within minutes.
Wednesday, June 17, 2020
China Soymeal Weekly: Lacklustre demand, weak prices (week ended Jun 15, 2020)
Demand for soymeal remained soft while the sales of hog feed were limited. Meanwhile, new outbreaks of the Wuhan coronavirus in Beijing sparked fears that the second wave of the pandemic might have started in China. Buyers withheld buying a ...
Tuesday, June 16, 2020
USDA reports China fresh purchase of soybeans
On June 15, private exporters reported export sales of 14.3 million bushels of soybeans to China during the 2020/2021 marketing year, USDA reported.
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