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Tuesday, April 7, 2015
More corn, less soy?
Preliminary corn and soy inventory numbers hint that feed grain may be more plentiful than expected. In the run up to next week's USDA WASDE report, uncertainty over inventory levels increasingly dominate corn and soy's market sentiment.
Thursday, April 2, 2015
Brazil sees new soy production record at 94 million mt
Brazil's soybean production for 2015/16 is forecast at 94 million metric tonnes (mmt) from the estimated 93 mmt for 2014/15. This, despite a 1% drop in planted area to 31.1 million hectares compared with the estimated 31.4 mmt in 2014/15, a ...
Tuesday, March 31, 2015
Soya beans, soya meal and palm: An emerging oversupply of oilseeds
Although soymeal shortages delayed the inevitable market adjustment, a catching up of soy harvests with demand exposes an oilseed glut that had been gathering pace for a decade. Unless North America has unusually, rare instance of bad weath ...
Tuesday, March 31, 2015
China Soymeal Weekly: Price fall slows (week ended Mar 29, 2015)
CBOT soy futures prices remained soft during the period in review. Soymeal prices remained weak in China as traders were eager to clear inventories. In the consumption regions, several crushers halted production as stocks bloated.
Thursday, March 26, 2015
UK study shows lupin as alternate animal feed to soy
The use of soy as feed for land-based livestock and aquaculture in the UK may soon be rivalled by home-grown lupins, a genus of flowering plants in the legume family, Fabaceae. The possibility is based on findings from a three-year project ...
Thursday, March 26, 2015
Soy Canada to act as contact with Japan's soybean industry
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Monday, March 23, 2015
China Soymeal Weekly: Search for price bottom continues (week ended Mar 22, 2015)
CBOT soy futures prices were range bound during the week in review. In China, soymeal availability was abundant, hence exerting pressure on the prices. Several traders readily negotiated prices in efforts to clear rising inventories, while ...
Tuesday, March 17, 2015
China Soymeal Weekly: Weak trend prevails (week ended Mar 15, 2015)
In the China market, cautious mood prevailed as the livestock market stayed soft. As livestock inventories diminished after Chinese New Year, there was no urgency for feed millers to stockpile feed ingredients, particularly as excess soy av ...
Tuesday, March 10, 2015
China Soymeal Weekly: Prices weaken amid falling import costs (week ended Mar 8, 2015)
CBOT soy futures prices plunged over the past week to sub-US$1,000 levels as, concerns over high inventories overrode the fears over strikes in Brazil.
Friday, March 6, 2015
India's soymeal exports seen to fall to 26-year low
Higher prices of India's soymeal and cheaper alternatives from South America have led the country's soymeal exports to fall to a four-month low in February. The easing of trade sanctions on Iran will also aggravate the situation as South Am ...
Wednesday, March 4, 2015
China Soymeal Weekly: Soymeal prices surge as Brazil strike lifts CBOT soy futures (week ended Mar 2, 2015)
The truck drivers' strike in Brazil hampered deliveries from the country, propping up the prices of CBOT soy futures during late February. After a quiet week during Chinese New Year holidays, Chinese crushers lifted the prices of soymeal pr ...
Friday, February 27, 2015
Waiting for soy to face reality: A long distance view of this year's grain market
Corn is close to where it should be but soy has some distance to travel downwards before it becomes a safe investment. Feed crop prices remain range bound but second and third quarter weather notwithstanding, the market is providing early s ...
Wednesday, February 18, 2015
US farmers look to soybean as corn prices performs poorly
A poor performing corn market is driving US farmers to reserve more land for soybeans, Bloomberg reported. Following two years of record harvest, corn prices collapsed due to surplus in supply, afflicting serious financial losses for some f ...
Monday, February 16, 2015
China Soymeal Weekly: Last minute procurement lifts prices, albeit marginally (week ended Feb 15, 2015)
CBOT soy futures prices rose considerably by 1.7% during the period in review amid dwindling supplies and improved buying interest.
Friday, February 13, 2015
US farmers'incomesseen to slump32% due to low corn, soybean prices
Low corn and soybean prices, and rising costs are expected to drag down the net incomesof US farmers by as much as 32% this year, according to the USDA. Corn, which exceeded US$8/bushel in summer 2012, is currently trading at under $4.
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