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Tuesday, May 4, 2021
China Soymeal: Market strengthens despite cautious demand (week ended May 3, 2021)
Over the week, prices of CBOT July soy futures strengthened 1.2%.
Monday, April 26, 2021
China Soymeal: Prices rebound strongly to six week high (week ended Apr 26, 2021)
Soymeal prices rebounded strongly to six week highs as crushers lifted prices while CBOT soy futures rallied. Nonetheless, buyers were cautious while feed production was limited.
Wednesday, April 21, 2021
China's March soybean imports from the US increases, Brazilian imports plunge
China increased its United States soybean imports by fourfold as delayed cargoes arrive, reaching the highest monthly total since December 2016, while Brazilian soybean imports dropped as shipments from Brazil are delayed due to rains, Reut ...
Wednesday, April 21, 2021
US corn futures highest in eight years, soybean nears seven year high
Chicago Board of Trade (CBOT) corn futures reached its highest in eight years, while soybean futures neared its highest in seven years, which analysts said are because of tightening supplies supporting cash markets and speculative buying, R ...
Wednesday, April 21, 2021
Brazil's ABPA says the US and Ukraine will benefit from soybean and corn tariff waivers
Ricardo Santin, president of Brazilian meat lobby ABPA, said the government's decision to suspend import tariffs for soybean and corn will benefit the United States and Ukraine, as two countries could export corn to Brazil as livestock feed ...
Tuesday, April 20, 2021
Brazil Agriculture Ministry suspends import duties on soy and corn until end-2021
Brazil's Agriculture Ministry has suspended import duties on soy, soybean meal, soybean oil, and corn until the end of this year as the country looks to slow down inflation caused by surging commodities prices globally, Reuters reported.
Thursday, April 15, 2021
China's soybean and grains imports in Q1 2021 up thanks to strong demand
Data from China's General Administration of Customs showed China's soybean, corn, and wheat imports increased in the first quarter of 2021 thanks to strong demand from the livestock industry, Reuters reported.
Monday, April 12, 2021
China Soymeal: Supply rise, demand fall hold prices flat (week ended Apr 12, 2021)
Soymeal prices consolidated higher as buyers increased stockpiles prudently while prices were low. However, with 10 million tonnes of Brazilian soy projected to arrive in May, price rise was marginal.
Monday, April 5, 2021
USSEC: US soy sector connects with counterparts from Mexico in March event
On March 11-12, the US Soybean Export Council (USSEC), American Soybean Association, United Soybean Board, Iowa Soybean Association (ISA) and the Iowa Economic Development Authority hosted the Iowa Virtual Trade Mission to Mexico to continu ...
Monday, April 5, 2021
China Soymeal: Prices stabilise on improved demand (week ended Apr 5, 2021)
Low costs of soymeal attracted some buyers to stockpile inventories, albeit cautiously. Crushers, who limited production, held prices firm to sustain profit margins.
Monday, April 5, 2021
Upcoming Argentina dry spell to help corn and soy harvest
Climatologists said an upcoming dry spell will help kick off corn and soy harvesting in Argentina, following rains at the country's farm belt since mid-March that has stopped the deterioration of both commodities' yields, Reuters reported.
Monday, April 5, 2021
Bunge's deal to purchase soy plants in Brazil cancelled
Bunge's agreement to purchase two soy plants in Brazil has been cancelled because of a legal battle involving Imcopa, the owner of the plants, Reuters reported.
Monday, April 5, 2021
USDA: Corn and soybean plantings fall below expectations
The United States Department of Agriculture (USDA) projections for corn and soybean plantings fell below expectations by analysts, resulting in soaring future prices for both commodities, Reuters reported.
Wednesday, March 31, 2021
China Soymeal: Prices plunge 23% from January peak (week ended Mar 29, 2021)
Weekly soymeal prices plummeted a whopping on average. From early January's peak of RMB4,047/tonne, soymeal prices have dropped 23%.
Monday, March 22, 2021
January and February China's soybean imports from Brazil declined due to shipment delays
China General Administration of Customs said soybean imports from Brazil declined 80% year-on-year in January and February 2021 due to shipment delays caused by rain, Reuters reported.
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