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Thursday, March 15, 2018
China Soymeal Weekly: Market remains firm despite cautious buying (week ended Mar 12, 2018)
USDA increased the projection of soy production in the US and Brazil to 555 million bushels and 113 million tonnes respectively, but lowered that of Argentina to 47 million tonnes. As CBOT soy futures market weakened, feed producers turned ...
Tuesday, November 21, 2017
China Soymeal Weekly: Dwindling crushers' inventories underpin prices (week ended Nov 20, 2017)
In China, prices of soymeal stayed stable in the production regions, where supplies were ample, but strengthened in the consumption regions as feed millers increased purchases.
Monday, October 23, 2017
China Soymeal Weekly: Crushers cut output, limit price falls (week ended Oct 23, 2017)
A weakened global soy market exerted pressure on China's soymeal prices in conjunction with lacklustre animal feed sales, which plunged 21% on-week to 920,000 tonnes. Crushers cut production by over 6% to 1.5 million tonnes, hence helping t ...
Tuesday, May 16, 2017
China Soymeal Weekly: Market fails to sustain previous gains (week ended May 15, 2017)
Prices of CBOT July soy futures moved higher before paring all gains as the week closed. Compared with the previous week, soy futures prices were 1% lower.
Wednesday, April 12, 2017
China still No. 1 buyer of Russian soybeans
China remains as the top buyer of Russian soybeans, UkrAgroConsult said, adding that in February Russian soybean exports totalled 41,200 tonnes, a slight decrease from January's 41,500 tonnes and substantially lower than February 2016's 65, ...
Tuesday, August 30, 2016
China Soymeal Weekly: Crushers cut prices amid piling inventories (week ended Aug 29, 2016)
November CBOT soy futures prices dropped to three-week lows as a field study by Pro Farmer showed higher yields of soy fields at 49.3 bushel/acre, compared with USDA's 48.9 bushel/acre in its August update.
Monday, August 1, 2016
China Soymeal Weekly: Crushers slash prices to move sales (week ended Jul 31, 2016)
CBOT soy futures prices consolidated higher after the recent week's sharp fall. Soymeal prices continued to drop by almost 2% in China amid lacklustre demand. Feed millers were reluctant to stockpile high inventories and allowed the stocks ...
Wednesday, March 23, 2016
China Soymeal Weekly: Crushers lower prices to entice buyers (week ended Mar 20, 2016)
The growth of animal inventories is expected to be slow in China due to limited production of piglet and chick. Lacklustre feed demand in conjunction with ample availability will continue to exert pressure on soymeal market.
Wednesday, March 16, 2016
China Soymeal Weekly: Prices stay weak under lacklustre demand (week ended Mar 13, 2016)
CBOT soy futures prices strengthened further following the previous week's upsurge as US dollar weakened.
Tuesday, January 19, 2016
China Soymeal Weekly: Lower US soy production forecast, firm pre-festive demand uphold China soymeal prices (week ended Jan 17, 2016
Over the week, CBOT soy futures moved higher as USDA lowered US soybean production forecast in the latest report. With the support of a stronger soy market and firm pre-Chinese New Year demand, soymeal prices strengthened modestly. Most cru ...
Friday, September 18, 2015
China expected to buy 27 million tonnes of US soybeans during 2015/16
During Chinese President Xi Jinping's visit to the US next week, China is likely to sign deals amounting to "several million" tonnes of soybeans during a ceremony on September 24 in the state of Iowa, according to a source attache ...
Friday, July 10, 2015
China's stock market bust leads to falling shares of eggs and soymeal
China's commodities markets are rattled by the country's current stock market bust, with everything including eggs and soymeal plummeting to a three-month low in shares this week, Bloomberg reported.
Monday, July 6, 2015
China Soymeal Weekly: US soy production concerns continue to lift soymeal prices (week ended Jul 5, 2015)
CBOT soy futures prices stayed above USD10/bushel as the climate conditions continued to threaten soy production in the US. China soymeal market strengthened further on the back of rising soy prices, prompting feed millers to increase stock ...
Tuesday, June 30, 2015
China Soymeal Weekly: Soymeal prices rebound amid concerns over US soy acreage (week ended Jun 28, 2015)
Concerns over adverse weather conditions in the US soy planting regions continued to drive up CBOT soy futures prices. Feed millers increased stockpiles fearing that soaring soy futures prices would fuel a rally in soymeal market. The avera ...
Tuesday, May 12, 2015
China Soymeal Weekly: Market fails to sustain momentum (week ended May 10, 2015)
CBOT soy future prices were range bound over the past week. This, together with ample availability and sluggish feed demand, dragged down prices in several regions. Entering May, several crushers have cut production while demand slowed cons ...
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