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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.
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 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.
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.
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.
Friday, June 12, 2020
US exports 720,000 tonnes soybeans to China
US exported 720,000 tonnes of soybeans to China, the USDA said on Thursday, Reuters reported.
Tuesday, June 9, 2020
China Soymeal Weekly: Market stable as crushers stand firm (week ended Jun 8, 2020)
Soymeal market stayed stable despite slow demand. As profits were low with prices plummeting 14% in two months, crushers were reluctant to cut prices further.
Friday, May 29, 2020
China buys Brazilian soy as US trade tensions build up
As trade tensions with the US increase, China purchased over 10 cargoes of Brazilian soybeans this week in private transactions, according to sources familiar with the matter, Bloomberg reported.
Wednesday, May 6, 2020
Soybeans, corn futures fell as US-China tensions rise
CBOT soybean and corn futures slid on Monday as growing tensions between US and China raised further demand worries, adding to COVID-19 disruptions on biofuel and livestock feed markets, reported Reuters.
Tuesday, March 31, 2020
China's soybean crushers fear supply shortage
Chinese soybean processors fear the spread of COVID-19 in major exporting countries could lead to further supply shortages.
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