Page 2 - Oils Information News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CORRECTED-RPT-Protein pinch: China's soybean imports to slow over rest of 2021 on curbed meal use Reuters 4 hrs ago By Hallie Gu and Gavin Maguire (Corrects China soybean imports figures for June and July, 2020, and June, 2021, in the 19th and 20th paragraphs by shifting the decimal points one position to the left; corrects y/y percentage change for July imports accordingly) Popular Searches By Hallie Gu and Gavin Maguire BEIJING/SINGAPORE, July 23 (Reuters) - China's soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectation...

By Syndicated Content By Hallie Gu and Gavin Maguire BEIJING/SINGAPORE (Reuters) – China’s soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting market sentiment just as U.S. farmers look to sell their new crop. A collapse in hog sector profitability and a sharp rise in wheat feed use are crimping demand in China, where imports this year may now be less than 100 million tonnes, compared with a recent U.S. forecast of 102 million tonnes. As China accounts for...

Soybeans and wheat also make major inroads Friday Grain prices capped off another successful week with another round of grains after a round of technical buying Friday as traders maintain their focus on strong demand and dwindling supplies. Corn prices firmed more than 1.5% today, while soybeans rose another 1% higher. Most wheat contracts also finished Friday’s session nearly 1.5% higher, although spring wheat futures saw much more modest gains today. Wetter weather is returning to parts of the eastern Corn Belt starting this weekend, with large portions of Illinois, Indiana and Ohio set t...

(Jan 25): Palm oil’s bull run will face more headwinds in the coming year as leading importer China buys increasing amounts of soybeans to power an aggressive expansion of the country’s hog industry. The world’s biggest pork producer and consumer is scooping up unprecedented quantities of soybeans and corn on world markets to feed domestic hog herds that are rebounding after being devastated by African swine fever. The crushing of beans produces not only meal, a component of livestock feed, but also oil, palm’s top rival in the food and biofuel industry. Those increased supplies now t...

Bloomberg News, Bloomberg News BC-China’s-Appetite-for-Palm-Oil-Set-to-Slide-to-Three-Year-Low , Bloomberg News (Bloomberg) -- Palm oil’s bull run will face more headwinds in the coming year as leading importer China buys increasing amounts of soybeans to power an aggressive expansion of the country’s hog industry. The world’s biggest pork producer and consumer is scooping up unprecedented quantities of soybeans and corn on world markets to feed domestic hog herds that are rebounding after being devastated by African swin...