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Tuesday, December 30, 2014
China Soymeal Weekly: Soymeal market weakens; prices plunge 20% in 2014 (week ended Dec 28, 2014)
China's livestock industry is likely to remain weak with the poultry sector troubled by the bird flu, and hog prices staying soft. This together with high crushing output will continue to weigh on the soymeal market in the coming week.
Tuesday, December 23, 2014
China Soymeal Weekly: market remains weak (week ended Dec 21, 2014)
CBOT soy futures prices were soft amid abundant supply. In china, soymeal prices weakened over the week. Although feed millers continued to make purchases in anticipation of stronger demand ahead, sales of soymeal remained slow amid cautiou ...
Monday, December 22, 2014
Bayer set to launch GE soy variety in US after China OK
Bayer plans to launch commercially in the US a genetically engineered soy variety next year after it was officially approved by China for import.
Thursday, December 18, 2014
6 Chinese companies to purchase more than 1 million tonnes of soybeans from the United States
China's Vice-Premier Wang Yang and his delegation of officials are in the United States this week for the annual US-China Joint Commission on Commerce and Trade (JCCT) which takes place in Chicago.
Tuesday, December 16, 2014
China Soymeal Weekly: Improved demand, higher import costs lift prices (week ended Dec 14, 2014)
CBOT soy futures prices strengthened during the period in review as USDA reported record export volumes, which resulted in lower forecasts of year-end inventories. Meanwhile, more Chinese feed millers stockpiled inventories, albeit cautious ...
Tuesday, December 9, 2014
China Soymeal Weekly: Abundant supply weighs on market (week ended Dec 7, 2014)
As domestic feed demand remained slack while CBOT soy futures continued to be suppressed due to the bumper harvest in the US, soymeal prices consolidated lower in China over the week. Trade was light as crushers cautiously limited output wh ...
Wednesday, December 3, 2014
China Soymeal Weekly: Slower price drops (week ended Nov 30, 2014)
Soymeal prices continued to fall, albeit at a slower pace. Although feed millers continued to stockpile inventories, high crushing rates kept supplies ample, hence putting a lid on soymeal prices. As CBOT corn futures market remained weak, ...
Monday, December 1, 2014
China soy imports may slow down as domestic prices tumble
Falling soymeal prices in China are threatening to derail China's booming demand for US beans as crush margins have started turning negative after holding mostly positive since early September.
Tuesday, November 25, 2014
Soy prices swing high and low in Brazil, international markets
Soy and its by-products had varying scenarios of low and abundant supplies, triggering a relentless oscillation in their quotes both in Brazil's domestic market and the international market during the second week of November.
Tuesday, November 25, 2014
China Soymeal Weekly: Increased supply weakens prices despite improved demand (week ended Nov 23, 2014)
Even though demand for soymeal improved, driving up weekly transaction volume by 20% to 562,700 tonnes, prices dropped significantly as supplies increased amid higher crushing rates. Crushers who enjoyed lower output costs due to cheaper im ...
Thursday, November 20, 2014
China Soymeal Weekly: Market shows signs of stabilising (week ended Nov 16, 2014)
As most buyers have placed orders earlier, the demand for soymeal was soft over the week, with weekly transaction shrinking 6% to 468,100 tonnes. Hence, soymeal prices in China were stable during the period in review despite volatile CBOT s ...
Wednesday, November 19, 2014
Divergent USDA and FSA figures on US corn, soy acreage persistent-Morgan Stanley
Morgan Stanley said overstated official estimates for US corn and soybean sowing areas offered potential for support to prices of the grain. The bank noted the absence of "convergence" between the official estimates made by the US Departmen ...
Tuesday, November 18, 2014
Heilongjiang hits new high for soy buyback from Russia
Between the period of November 7 to November 11, there were 65 batches of soy being importing back to China from Russia via the Suifenhe highway port. Valued at US$398,000, the 1591.5 tons of cargos has already exceeded last year's soy impo ...
Friday, November 14, 2014
China is US top soy importer and the Philippines the second biggest soymeal customer
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Wednesday, November 12, 2014
China Soymeal Weekly: Prices consolidate lower (week ended Nov 9, 2014)
Soymeal prices in China are likely to move higher should CBOT soy futures prices strengthen further amid tight spot supplies. Chinese feed millers, who have maintained low soymeal inventories in anticipation of falling prices, will be compe ...
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