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Tuesday, April 21, 2020
China Soymeal Weekly: Market under pressure (week ended Apr 20, 2020)
As China's economy is expected to enter a recession due to the Wuhan coronavirus pandemic, feed producers withheld purchases of soymeal while hog feed consumption was only a fraction of previous years'. Hence, even as crushing volumes were ...
Thursday, April 16, 2020
China Soymeal Weekly: Prices consolidate lower after 14% rally (week ended Apr 13, 2020)
Prices softened lately. Over the week, prices of CBOT July soy futures closed 1.3% higher.
Wednesday, April 8, 2020
China Soymeal Weekly: Dwindling availability, strong demand lift prices (week ended Apr 6, 2020)
Prices continued to surge. Over the week, prices of CBOT May soy futures dropped 1.8% amid concerns of poor demand due to the Wuhan coronavirus pandemic.
Tuesday, March 31, 2020
China Soymeal Weekly: Prices surge 16% since mid-February (week ended Mar 30, 2020)
In China, prices of soymeal climbed further with crushing volumes shrinking. Since the Chinese New Year holidays ended in mid-February, soymeal prices have surged 16% although feed demand remained weak due to low animal population.
Tuesday, March 24, 2020
China Soymeal Weekly: Prices soar on dwindling availability (week ended Mar 23, 2020)
As soy imports were limited during March, several crushers halted operation resulting in tightened availability. Feed millers eagerly stocked soymeal inventories amid concerns that supplies might be scarce should soy shipments drop further.
Monday, March 9, 2020
China Soymeal Weekly: Sharp price hikes on tight availability, strong buying interest (week ended Mar 9, 2020)
Buyers stocked inventories of soymeal enthusiastically amid concerns that deliveries might be problematic should the Wuhan virus (Covid-19) outbreak turn for the worse. Hence even as CBOT soy prices stayed flat while feed demand remained sl ...
Tuesday, December 17, 2019
Abiove - Brazil and China governments finalising protocol for soymeal exports
André Nassar, Abiove president, an oilseeds industry group said authorities from both countries are finalising a health standards protocol aimed at domestic processors for Brazil soymeal exports to China, reported Reuters.
Tuesday, April 9, 2019
China Soymeal Weekly: Demand under long term pressure amid dwindling sow population (week ended Apr 8, 2019)
Feed consumption remained slow with the population of hog, particularly that of sow, staying low. In view of a favourable negotiation outcome between the US and China, which would result in ample imports of soy, feed producers continued to ...
Thursday, April 4, 2019
China Soymeal Weekly: Cautious buying weighs on market (week ended Apr 1, 2019)
Following the recent week's upsurge, the demand for soymeal slackened as buyers turned cautious. Moreover, with the quantity of hog staying low despite the strengthening of prices, feed producers remained cautious in stockpiling soymeal inv ...
Tuesday, March 26, 2019
China Soymeal Weekly: Prices rise on improved demand (week ended Mar 25, 2019)
Soy planting acreage in China is expected to expand in the coming season as the state subsidy for soy is RMB200/mu more than corn.
Monday, March 18, 2019
China Soymeal Weekly: Prices rebound amid tighter supply (week ended Mar 18, 2019)
As soy imports dwindled, prices of soymeal moved higher by 0.97% while supplies diminished. However, feed producers remained prudent and limited soymeal buying while the disease situation of the hog sector showed no signs of improving.
Wednesday, March 13, 2019
China Soymeal Weekly: Buyers withhold purchases (week ended Mar 11, 2019)
Soymeal market was quiet as feed millers withheld buying while the hog market continued to disappoint. With soy futures prices tumbling further, soymeal prices slid 2.4% over the week in review.
Tuesday, March 5, 2019
China Soymeal Weekly: No sign of recovery (week ended Mar 4, 2019)
Poor hog feed demand continued to hamper the sales of soymeal in China. Meanwhile, plunging soy futures prices further dampened the buying interest for soymeal, dragging average weekly price down by 3%.
Wednesday, February 20, 2019
China Soymeal Weekly: Quiet post-festive market (week ended Feb 18, 2019)
Soymeal market was quiet as weak hog prices shattered the confidence of feed millers. Moreover, most feed producers and traders extended the Chinese New Year holidays and resumed operation at a slow pace.
Thursday, February 7, 2019
China Soymeal Weekly: Market softens on light trade (week ended Feb 4, 2019)
With the production of hog feed slow, soymeal demand was sluggish. Trade was limited as feed producers gradually halted production in preparation for the upcoming Chinese New Year holidays.
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