Oilseeds Soymeal Inventory Holds Steady The feed market found new footing in the past week as demand from hog producers began picking up steam. Soymeal sales were higher as a result, and crushers have responded by boosting utilization rates back to above the 50 percent threshold. Thus, China’s nationwide estimated soymeal inventory totaled 1.156 MMT as of 25 May 2018, up 4,800 MT (0.4 percent) from the previous week but down 146,800 MT (-11.3 percent) versus the same week in 2017. The week-on-week increase was essentially due to growing inventories in the East region and Guangxi, which rose 29,300 MT to 622,300 MT and 13,000 MT (+14.94 percent) to 100,000 MT, respectively, last week.
Imported Soybean Inventory Remained Unchanged...
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...
