Oilseeds Soymeal Inventory Reverses Course as Feed Demand Improves Modest improvements in feed demand last week coupled with a drop in imported soybean stocks resulted in China’s estimated soymeal inventory declining yet again to a total 608,400 MT as of 4 April 2019, down 23,800 MT (-3.8 percent) from the previous week and 217,600 MT (-26.3 percent) lower than the same week a year ago. However, estimated soymeal stocks actually rose in five of the seven regions. The decrease in the national total was driven by a contraction in southern China, particularly in Guangdong and Guangxi, where stocks fell 23,800 MT (-42.1 percent) to 32,700 MT and 14,000 (-24.1 percent) to 44,000 MT, respectively.
More Modest Decrease in Imported Soybe...
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...
