Following its previous efforts to limit corn imports and unwind the large surplus of domestic stocks, China's National Reform and Development Commission (NRDC) revealed new policies for its corn import TRQ quotation application and also announced a new state auction. Oilseeds Soybean Imports Rise as 2014 Comes to a Close The latest China Customs data for the January-November 2014 period shows that China's soybean imports increased by nearly 12.5 percent against the previous year, reaching 62.9 MMT. The top eleven importers accounted for 63 percent or 39.52 MMT of the total and included:
Shandong Sunrise Group 93 Oils Yihai Kerry (Wilmar International) COFCO Sinograin Oils Chinatex Grains & Oils Cargill Linyi Shengquan Sanh...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...