Because of recent government action that is impacting Chinese crushing facilities across more than 11 provinces and regions, the outlook for the country's soymeal inventories is not great even though soybean shipment arrivals are expected to be significant.
Oilseeds Stepped-Up Pollution Controls Limit Crushing Activity Chinese crushing facilities continue to face reduced operating time as government authorities extend pollution controls across more than 11 provinces and regions. As noted last week, the combination of a cold winter and large amounts of particulate matter in the air forced central government authorities to enact new operating restrictions. The net result has been a slowdown in shipments of soymeal and incre...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
