U.S. ethanol exports to China have followed a similar trajectory to other U.S. food and agricultural exports for the first ten months of the year. The total volume for that period was more than 603.2 million liters at a total value of $267.73 million. Meanwhile, the outlook heading into 2017 remains uncertain.
Oilseeds Soymeal Inventories Hit Lowest Point of Year China’s estimated soymeal inventory totaled 334,800 MT as of 16 December, the lowest level this year, which reflected a significant drop of 55,400 MT (-14.2 percent) from the previous week. It was also 1,001,900 MT lower (-75 percent) versus the same week a year ago. While there was also a decline of 40,100 MT (-42.43 percent) to 54,400 MT in the eastern re...
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...