One significant factor is going to raise operating costs for the deep corn processing industry in China's northern and northeastern regions, and that will likely force the sector to raise prices as corn demand remains strong.
Oilseeds Soymeal Inventory Climbs Again China’s nationwide soymeal inventory totaled an estimated 1,124,600 MT as of 7 July 2017, up 40,500 MT (+3.6 percent) from the previous week and 319,200 MT higher (+39.63 percent) than one year ago. Downstream demand has improved recently, and imported soybean stocks and shipments remain high. Interestingly, there were decreases in all regions except the East and Fujian where estimated inventories rose 59,900 MT (+12.5 percent) to 538,900 MT and 4,200 MT (+10.4...
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...
