Oilseeds Soymeal Inventory Reverses Course: With soybean crushers returning to normal activity and ramping up output in anticipation of higher feed demand, estimated soymeal inventories added 74,000 MT (+2.3 percent) to reach a total 748,700 MT as of 8 December 2017, up 358,500 MT (+91.9 percent) versus the same week in 2016. At the regional level, the main drivers of this growth were Shandong and Guangxi with increases of 62,000 MT (+101.3 percent) to 123,200 MT and 18,500 MT (+45.3 percent) to 59,300 MT, respectively.
Imported Soybean Inventory Falls Slightly The estimated imported soybean stocks at China’s 20 major seaports were relatively stable as of 15 December 2017 with just a slight drop of 5,100 MT to 6.86 MMT...
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...
