Oilseeds Soymeal Inventory in Downward Spiral on Strong Demand Stepped-up idling of plants due to ongoing environmental regulations and strong downstream demand lowered China’s estimated soymeal inventory to 648,300 MT as of 27 October, down 92,100 MT (-12.1 percent) from the previous week but up 116,600 MT (+21.9 percent) from a year ago at the same time. Estimated soymeal inventories fell across all regions except the Northeast and Fujian, which saw increases of 7,500 MT (+27.4 percent) to 34,900 MT and 9,200 MT (+31.7 percent) to 38,200 MT, respectively.
Imported Soybean Stocks Climb Again as New Shipments Arrive China’s imported soybean stocks started rising again, helped by increased arrivals. As of 3 November 2017, t...
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...
