Trends - soymeal - Business Recorder

Markets

China’s soymeal futures tumble on African swine fever resurgence fears

BEIJING: China’s soymeal futures slumped on Thursday on growing concerns that a resurgence in African swine fever...

Published 12 Mar, 2021 05:10am

Markets

China's soymeal, rapeseed meal futures tumble in Thursday trade

Soymeal futures last fell 4.6% to 3,162 yuan ($486.51) per tonne, while rapeseed meal futures were last down 5% at 2,698 yuan per tonne.

Published 11 Mar, 2021 11:22am

Markets

Soybeans hit 8-day low, South American supply concerns cap losses

Crude oil prices rose as vaccine rollouts bolstered the economic outlook and US fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last month's Texas storm.

Published 11 Mar, 2021 10:46am

Markets

Pakistan bought 594,000 T soybeans in recent weeks for 2022 shipment

"Pakistan is currently buying 200,000 to 250,000 tonnes of soybeans monthly due to strong demand for soymeal for poultry," one trader said.

Published 08 Mar, 2021 02:27pm

Markets

Argentine soy crop forecast could fall if no rain soon

BUENOS AIRES: The Buenos Aires Grains Exchange said on Thursday that it could cut its harvest forecast for...

Published 06 Mar, 2021 05:01am

Markets

Container shortage slows Indian sugar exports, fuels price rally

MUMBAI: India's sugar exports could fall by 12 percent to 5 million tonnes this year as a shortage of containers...

Published 27 Feb, 2021 04:29am

Markets

US corn, soy rise as Brazil rains drive farmers from fields

"Wheat being beaten down yesterday did not make too much sense," said Terry Reilly, senior analyst with Futures International in Chicago.
CBOT May soybeans were 7-1/4 cents higher at $14.15-3/4 a bushel and CBOT May corn was 2-1/4 cents higher at $5.54-3/4 a bushel.

Published 24 Feb, 2021 09:27pm

Markets

Ukraine imports soy for the first time in 2020/21

"Ukrainian crushers can't pay to domestic farmers as per strong exports competition," she added.
The consultancy said imports could rise to 50,000 tonnes from 23,000 tonnes a season ago.

Published 24 Feb, 2021 07:20pm

Markets

Corn drops from 7-1/2 year top on higher-than-expected supply

The USDA only minimally trimmed its US end-of-season stocks outlook and raised its export forecast by less than many traders had anticipated following record-large sales to China.

Published 10 Feb, 2021 11:48am

Markets

Corn at over 7-1/2-year high as US report seen showing tighter supplies

The Russian government on Monday approved a formula-based export tax system for wheat, corn and barley that is designed to help combat domestic food price inflation.

Published 09 Feb, 2021 12:14pm

Markets

China's 2020 US soybean imports surged though likely missed trade target

For 2020, Brazilian shipments were 64.28 million tonnes, up 11.46% from 2019's 57.67 million tonnes, and almost two-thirds of total annual imports.

Published 20 Jan, 2021 11:00am

Markets

Palm oil may bounce into 3,592-3,631 ringgit range before falling

On the daily chart, the drop triggered by the key resistance at 3,856 ringgit looks so decent that it suggests a completion the wave C from 2,691 ringgit.

Published 15 Jan, 2021 11:23am

Markets

Corn set for biggest weekly gain since July as global supplies tighten

Argentine soybean and corn fields have benefited from recent rain, with more showers expected that could slowly improve crop yields after they were threatened by dry weather earlier in the season, local climate experts said on Thursday.

Published 15 Jan, 2021 11:02am

Markets

Soybeans jump to 6-1/2-year top on South American supply concerns

Large speculators raised their net long position in CBOT corn futures in the week to Jan. 5, regulatory data released on Friday showed.

Published 11 Jan, 2021 11:42am

Markets

Argentina suspends corn exports to ensure domestic food supplies

The South American grains powerhouse is a major international corn, soybean and wheat supplier as well as the world's top exports of soymeal livestock feed.

Published 31 Dec, 2020 01:14am

Markets

Argentine soy crushers sign deal with oilseed workers, ending strike

The deal includes a gradual, two-part 25% increase in salaries from January to August.

Published 30 Dec, 2020 10:56am

Markets

Top five China commodities to eye for growth in 2021

Prices have eased as vaccine hopes spurred investors to redeploy capital, but bullion's outlook remains upbeat in 2021.

Published 29 Dec, 2020 10:16am

Technology

Soybeans ease for second session on Argentine labour talks

Wheat fell for a third consecutive session, while corn dropped for the first time in 12 sessions.

Published 29 Dec, 2020 09:50am

Markets

NY coffee may rise towards $1.2665

The uptrend from $1.2040 looks incomplete. It seems to have adopted an impulsive wave mode. A small triangle is contracting to a point. It is a bullish continuation pattern.

Published 24 Dec, 2020 09:37am

Markets

Argentine soymeal exports stalled as wage strike reaches 13th day

Since last week no soybean trucks have entered terminals at the country's main grains hub of Rosario, from which about 80% of Argentina's farm exports are shipped.

Published 23 Dec, 2020 10:33am

Markets

Palm oil may test support at 3,381 ringgit

A break above 3,426 ringgit may lead to a gain to 3,474 ringgit.

Published 23 Dec, 2020 10:28am

Markets

CBOT soybeans end higher on Argentina rainfall, labor strikes

CBOT March soymeal ended $2.20 higher at $414.30 per short ton, while March soyoil added 0.41 cent to 39.96 cents per lb.

Published 23 Dec, 2020 01:32am

Markets

China to import record 100mn tonnes of soybeans in 2020

Zhou said soymeal demand will remain strong this quarter and into the first quarter of next year.

Published 22 Dec, 2020 09:38am

Markets

CBOT corn may rise into $4.41-1/2 to $4.43 range

The resistance is identified as the 176.4% projection level of an upward wave 3 from $4.20-1/2. This wave is expected to travel into a range of $4.45-1/2 to $4.47-3/4.

Published 21 Dec, 2020 09:28am

Markets

CBOT wheat may retest support at $6.05

The third wave labelled c is expected to travel into a range of $5.99-1/4 to $6.02-1/4. A break above $6.11 could lead to a gain into $6.14-3/4 to $6.18 range.

Published 21 Dec, 2020 09:13am

Markets

Soybeans firm, hit more than 2-week top

Wheat futures were up 0.5% at $6.03 a bushel, having closed up 0.5% on Tuesday.

Published 16 Dec, 2020 10:10am

Markets

Philippines buyers purchase feed wheat and soymeal

The Australian feed wheat was estimated to have been purchased at between $260 and $265 a tonne c&f, traders said.

Published 11 Dec, 2020 06:33pm

Markets

Vietnam buys about 68,000 tonnes soymeal in tender

Deliveries up to March 2021 were thought to have been bought at a premium over soymeal futures equating to an outright price of about $475 a tonne for shipment to the south of the country.

Published 02 Dec, 2020 04:16pm