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Friday, July 26, 2013
India's soymeal prices drop on low export demand
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Friday, July 26, 2013
Russia's soy production continues to grow
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Tuesday, July 23, 2013
Indonesia intends to remove import duty on soy
In order to temper food market inflation, Indonesia wants to do away with the 5% import duty on soy starting August. US soy futures have risen by as much as 28% in the last month as the US faces its worst drought in 56 years.
Monday, July 22, 2013
China Soymeal Weekly: China soymeal prices fall in tandem with US soy market (week ended Jul 19, 2013)
China's soy imports continued to rise, with July's volume expected to hit 7.20 million tonnes. As inventory increased, oil crushers ramped up production and soymeal prices fell in most regions. The weakened US market also hurt prices. Despi ...
Friday, July 19, 2013
China rapeseed meal market gains from strong soymeal prices (week ended Jul 19, 2013)
US soy market remained strong, while less domestic production of soy and increasing demand led to shortage in supply in China soymeal market, with prices on Dalian Commodity Exchange reporting a three-day gain. The rapeseed meal market also ...
Friday, July 19, 2013
China remains as top buyer of corn, soy, and wheat
China maintains its position as a major buyer of corn, soy and wheat from the US after production was hampered by adverse weather conditions in 2012. While total figures were once again on impressive levels, large sales of crops in 2013 wer ...
Wednesday, July 17, 2013
Soymeal demand on European meals, feeds market rises again
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Wednesday, July 17, 2013
Finland's Suomen Rehu, Raisio, used GM soy in feed
Due to the higher prices of genetically unmodified soy and their limited availability, Finland's Suomen Rehu and Raisio, have started using genetically modified (GM) soy in their Turku feed mills this spring. Raisio's feed factory also intr ...
Monday, July 15, 2013
China Soymeal Weekly: Strong CBOT soy strengthens China soymeal prices (week ended Jul 12, 2013)
Soy prices on CBOT had a four-day gain due to the tight supply and worries about the delay in planting of new crops, which was affected by weather conditions. The rebound in US soy market sent China soymeal prices up, though the uphill mome ...
Monday, July 15, 2013
Dry weather fears revive corn, soy prices
As weather fears turned up a notch, US corn and soy prices recovered from a late-morning sell-off in Chicago, offsetting relief for consumers at raised estimates for US inventories. Soy futures initially dropped some 1% after the USDA, in i ...
Monday, July 15, 2013
China rapeseed meal prices pushed up by soymeal market (week ended Jul 12, 2013)
Buttressed by tight supply, US soy and soymeal market advanced and futures market hit a nine-month high. Led by US market's strong performance, China soymeal market rallied and prices climbed by 3.06% over the past week. Buoyed by a strong ...
Thursday, July 11, 2013
Brazil's soy exports slowdown in June
After reaching a record monthly pace during May as much of that country's record 2012-13 crop has now moved into the market, Brazilian soy exports have started to slow. Brazil exported 6.57 million tonnes of soy in June, down from 7.95 mill ...
Wednesday, July 10, 2013
Brazil's 2012-13 corn, soy estimates rise slightly
Conab, Brazil's crop supply national agency, has given a slight raise to its forecast of the country's corn and soy crop records for 2012-13 after reporting favourable harvest conditions and a historic expansion in plantation areas. The age ...
Monday, July 8, 2013
China Soymeal Weekly: China soymeal market weakened by ample supply, weak demand (week ended Jul 5, 2013)
Soy imports to China have remained steady, especially from Brazil. Soymeal prices were undercut by ample supply and sluggish demand from the pig and layer industries, which were affected by lower consumption of pork and eggs during summer. ...
Monday, July 8, 2013
US may consider DDGs over soymeal due to soaring price
Buoyed by its soaring price, which hit a nine-month high this week, US dairy and livestock producers may consider investigating distillers' grains as an alternative to soymeal. Soymeal futures for July hit US$499.00 a short ton in Chicago t ...
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