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Tuesday, May 18, 2021
China Soymeal: Market strengthens on high import costs, lower projected production (week ended May 17, 2021)
China's Agricultural Department projected soy planting acreage to shrink by 5.4% in 2021, decreasing soy production by 4.8% to 18.65 million tonnes. This, together with high import costs of US soy, lifted prices of soymeal substantially.
Wednesday, May 12, 2021
China's soybean imports up 11% on year in April 2021
China's April soybean imports are up 11% compared to the same month last year as delayed Brazilian shipments of the oilseed arrive, according to data from the General Administration of Customs, Reuters reported.
Tuesday, May 4, 2021
China Soymeal: Market strengthens despite cautious demand (week ended May 3, 2021)
Over the week, prices of CBOT July soy futures strengthened 1.2%.
Monday, April 26, 2021
China Soymeal: Prices rebound strongly to six week high (week ended Apr 26, 2021)
Soymeal prices rebounded strongly to six week highs as crushers lifted prices while CBOT soy futures rallied. Nonetheless, buyers were cautious while feed production was limited.
Wednesday, April 21, 2021
China's March soybean imports from the US increases, Brazilian imports plunge
China increased its United States soybean imports by fourfold as delayed cargoes arrive, reaching the highest monthly total since December 2016, while Brazilian soybean imports dropped as shipments from Brazil are delayed due to rains, Reut ...
Thursday, April 15, 2021
China's soybean and grains imports in Q1 2021 up thanks to strong demand
Data from China's General Administration of Customs showed China's soybean, corn, and wheat imports increased in the first quarter of 2021 thanks to strong demand from the livestock industry, Reuters reported.
Monday, April 12, 2021
China Soymeal: Supply rise, demand fall hold prices flat (week ended Apr 12, 2021)
Soymeal prices consolidated higher as buyers increased stockpiles prudently while prices were low. However, with 10 million tonnes of Brazilian soy projected to arrive in May, price rise was marginal.
Monday, April 5, 2021
China Soymeal: Prices stabilise on improved demand (week ended Apr 5, 2021)
Low costs of soymeal attracted some buyers to stockpile inventories, albeit cautiously. Crushers, who limited production, held prices firm to sustain profit margins.
Wednesday, March 31, 2021
China Soymeal: Prices plunge 23% from January peak (week ended Mar 29, 2021)
Weekly soymeal prices plummeted a whopping on average. From early January's peak of RMB4,047/tonne, soymeal prices have dropped 23%.
Monday, March 22, 2021
January and February China's soybean imports from Brazil declined due to shipment delays
China General Administration of Customs said soybean imports from Brazil declined 80% year-on-year in January and February 2021 due to shipment delays caused by rain, Reuters reported.
Monday, March 22, 2021
China Soymeal: Sharp price falls amid weak demand, excess supply (week ended Mar 22, 2021)
Over the week, prices of CBOT May soy futures inched up 0.21%.
Thursday, March 18, 2021
US corn futures continues to rise thanks to increased demand from China, soybean drops
Chicago corn futures on the Chicago Board of Trade (CBOT) gained for a fifth consecutive session thanks to demand from China, while wheat prices eased and soybean prices dropped, Reuters reported.
Monday, March 15, 2021
China Soymeal: Prices tumble further, 13% below January peak (week ended Mar 15, 2021)
Weal demand continued to drag down soymeal prices as hog feed producers limited production. From early January's peak of RMB4,047/tonne, soymeal prices have plummeted 13%.
Friday, March 12, 2021
Soymeal futures in China slumped following African swine fever resurgence concerns
Soymeal futures in China's Dalian Commodity Exchange slumped following concerns of an African swine fever (ASF) resurgence may affect demand for the key livestock feed ingredient over the coming months, Reuters reported.
Monday, March 8, 2021
January-February China soybean imports drop slightly due to shipment delay
China's General Administration of Customs said the country's soybean imports for January and February 2021 are slightly lower compared to last year as Brazil rains delay shipments, Reuters reported.
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