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Monday, January 11, 2021
China Soymeal: Prices rally on supply concerns, demand rise (week ended Jan 11, 2021)
Concerns over soy supplies from south America and soaring import costs catapulted soymeal prices rise tremendously over the week. Meanwhile, expanding hog feed consumption prior to the Chinese New Year boosted the sales of soymeal. Feed pro ...
Friday, January 8, 2021
Soybean stockpiling, price rigging in Indonesia under police investigation
Soybean stockpiling and price fixing speculations are being investigated by the Indonesian police's Criminal Investigation Department as the cause of recent soybean scarcity in the country.
Tuesday, January 5, 2021
China Soymeal: Further cost surge strengthens prices (week ended Jan 4, 2020)
Over the week, prices of CBOT March soy futures surged another 3.7% to six and a half year high.
Wednesday, December 30, 2020
Brazilian soybean sales expected to remain high in 2021
Even on the back of a weak currency forecast, Brazilian soybean farmers are likely to witness another year of high supply and demand in 2021.
Wednesday, December 30, 2020
Argentina soy crushers and oilseed workers sign deal, end grains port strike
Argentina's soy crushing companies and oilseed workers' unions signed deal to increase workers' salaries, ending a strike that lasted for 20 days that affected grains exports like soymeal, Reuters reported.
Tuesday, December 29, 2020
China Soymeal: Prices surge on soaring soy import costs (week ended Dec 28, 2020)
Over the week, prices of CBOT March soy futures increased 3.3%.
Tuesday, December 29, 2020
Cherkizovo shares interesting facts about soybeans
Cherkizovo Group is building an oil extraction plant in the Lipetsk Region, Russia, to meet its soybean processing needs.
Wednesday, December 23, 2020
China's total soybean imports for this year to hit record 100 million tonnes
An executive from leading state-owned grains trader COFCO Group said China's total soybean imports in 2020 is expected to hit more than 100 million tonnes, a record high, as China aims to rebuild its swine herd to meet surging demand for po ...
Wednesday, December 23, 2020
Soymeal exports in Argentina disrupted as wage strike enters 13th day
Argentina's soymeal exports have grounded to a halt as wage talks between Argentine port workers and soymeal manufacturers stalled on December 22, pushing the wage strike into its 13th day, Reuters reported.
Wednesday, December 23, 2020
US soybeans reach six-year high following weather problems and wage strike in Argentina
US soybeans reached its highest price in six years on the Chicago Board of Trade following weather issues and a wage strike in Argentina, Reuters reported.
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%.
Monday, December 21, 2020
Nutreco launches soy sourcing policy to prevent deforestation
Nutreco has announced on December 16 the launch of its milestone soy sourcing policy, that aims to simplify complex certification schemes for its procurement teams in Skretting and Trouw Nutrition, and facilitate the complete removal of def ...
Friday, December 11, 2020
USDA: Domestic soy supplies smaller than projected due to high processor demand
The United States Department of Agriculture's (USDA) World Agricultural Supply and Demand Estimates (WASDE) monthly report showed the country's soybean supplies was smaller than previously estimated because of surging demand from domestic p ...
Friday, December 11, 2020
United Soybean Board elects Illinois, US farmer as chair
US farm leaders of the United Soybean Board (USB) have elected Dan Farney from Morton, Illinois, as USB chair for the 2021 term and 10 other farmer-leaders to serve on the executive committee of the organisation during an annual meeting on ...
Wednesday, December 9, 2020
China's soybean imports in November surge to 9.59 million tonnes
China's General Administration of Customs data showed the country's soybean imports rose to 9.59 million tonnes in November, up from 8.28 million tonnes in November 2019 as shipments from the United States following both countries' Phase 1 ...
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