Oilseeds Soymeal Inventory Recovers Ground on Improved Feed Demand With feed demand from poultry and aquaculture continuing to expand on the backs of China’s beleaguered hog industry, soymeal sales have begun to rise again. As of 17 May 2019, China’s estimated soymeal inventory stood at 616,600 MT, up 25,900 MT (+4.4 percent) from the previous week but down 590,800 MT (-48.9 percent) on an annualized basis. The main driver of the uptick was again the growing stocks in Guangxi Province, which climbed 23,000 MT (+41.8 percent) to 78,000 MT. With its access to the Gulf of Tonkin, the province produces a fair amount of poultry and has a strong aquaculture industry.
Imported Soybean Inventory Reverses Course After a string of s...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
