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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.
Monday, August 24, 2020
India's soybean production to increase 32% in 2020
The Soybean Processors Association of India said soybean production in India is set to increase 32% higher this year to reach 12.25 million tonnes, compared to 2019 thanks to great monsoon rainfall, Reuters reported.
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.
Tuesday, August 18, 2020
USDA raises US corn, soybean output forecast
The US Department of Agriculture increased its estimates of US 2020/21 corn and soybean production more than what most analysts expected, Reuters reported.
Tuesday, August 18, 2020
Prairie AquaTech commercialises US' first soy-based aquafeed
Prairie AquaTech has started production at its commercial scale soy-based aquaculture feed plant in Volga, South Dakota, said to be the first in the United States, Agweek reported.
Thursday, August 13, 2020
USDA: US farmers to harvest second largest soybean crop
The United States Department of Agriculture (USDA) said US farmers are set to reap their second biggest soybean harvest as a result of good summer weather, Reuters reported.
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.
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.
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