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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, October 10, 2014
Higher grain futures on CBOT on October 9
October 10, 2014 Higher grain futures on CBOT on October 9 On October 9, grain futures were mostly higher on the Chicago Board of Trade. Meantime, December's delivery of wheat has dropped 14.50 cents to US$4.9325/bushel, while corn was 1.50 ...
Tuesday, September 16, 2014
China Soymeal Weekly: Tumbling CBOT soy futures drag down China soymeal prices (week ended Sep 14, 2014)
Good progress in the soy planting regions of the US, as reported in USDA's latest update, dragged soy futures prices down by 3.54% over the week. Soymeal futures prices in Dalian Commodities Exchange tumbled in tandem to new lows, while cru ...
Tuesday, July 8, 2014
China Soymeal Weekly: Plunging CBOT soy prices weaken China soymeal market (week ended Jul 6, 2014)
With soy planting advancing faster than past years, USDA's late June report pointed towards a likely record harvest should the climates remain fair. CBOT soy futures prices plunged in response to the news, dragging Chinese soymeal prices do ...
Tuesday, February 18, 2014
China Soymeal Weekly: Bullish CBOT soy market perks up China soymeal prices (week ended Feb 17, 2014)
After falling for almost 15% since mid-September 2013, soymeal prices rebounded by 1.9% over the week. As CBOT soy prices soared during the Chinese New Year celebration period, crushers lifted prices once they resumed operation after the ho ...
Tuesday, September 24, 2013
Thailand's corn price still plunging with CBOT price trend. (week ended September 16)
Price of feed-grade corn continues to decrease to THB8.7/kg (US$0.27/kg), while the government urges big feed mills to increase amount of corn purchased from farmers. Soymeal was trading at a wide range of THB17.50-18.50/kg (US$0.55-0.59/kg ...
Monday, September 23, 2013
China Soymeal Weekly: CBOT soy ends rally; China soymeal prices weaken in tandem (week ended Sep 20, 2013)
CBOT soy market ended its six-week rally with December deliveries falling 7% in prices last week. China's soymeal market weakened in tandem while demand waned with the country preparing for the celebration of Mid-Autumn Festival. Nonetheles ...
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, June 17, 2013
China Soymeal Weekly: Soft CBOT soy, subdued demand hold soymeal market weak (week ended Jun 14, 2013)
CBOT soy future prices stopped rising of late as USDA estimated record-high planting yields. In China, soymeal supplies increased with more imports arriving. Demand wise, feed millers limited purchases while feed consumption improved slowly ...
Wednesday, April 3, 2013
China Soymeal Weekly: Soft CBOT soy, subdued demand drags down China soymeal prices (week ended Mar 31, 2013)
CBOT soy futures prices dipped as US soy inventories were substantially above market expectations. Falling CBOT soy prices dragged down China soymeal prices in conjunction with slack domestic demand. Due to slow feed consumption, feed mille ...
Monday, March 11, 2013
China Soymeal Weekly: Tight supply, strong CBOT soy lift prices (week ended Mar 8, 2013)
A stronger CBOT soy futures market, in conjunction with low soy imports, supported China's soymeal prices to strengthen during the period in review. As crushers waited for the arrival of the new crops from South America, soy imports were li ...
Tuesday, December 25, 2012
China Soymeal Weekly: China soymeal market firm despite weakened CBOT soy prices (week ended Dec 21, 2012)
CBOT soy futures dipped significantly as Chinese traders cancelled 960,000 tonnes of orders lately. Nonetheless, soymeal prices in China continued to soar as crushers who were making paltry profits raised prices while supplies remained tigh ...
Monday, November 26, 2012
China Soymeal Weekly: Prices stabilise in tandem with CBOT market (week ended Nov 23, 2012)
As analysts reduced the forecasts for South America's soy harvests, CBOT soy futures prices strengthened moderately during the period in review. This helped to underpin China's soymeal prices even though demand showed little improvement.
Monday, November 12, 2012
China Soymeal Weekly: Market sinks further on weak CBOT soy prices (week ended Nov 9, 2012)
The prospect of a bumper harvest in South America, and the higher forecasts of US soy output, CBOT soy futures prices dipped to two-and-a-half-week low during the period in review. The imminent rise in soy supplies, together with the cautio ...
Friday, November 9, 2012
Scarce wheat, China's softening corn market and CBOT futures
China's corn market looks surprisingly soft but feed wheat's disappearance from the equation could lessen any deflationary impact. Feed prices are poised to move within hours of early Friday's (New York time) release of the next USDA WASDE ...
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