18.
11.20
06:25

Market supply of soy could become a problem for the global feed market

CBoT soybean prices fluctuate this morning from a slight minus to another premium. If the weather in South America is too dry and demand from China is good, they will keep the four-year high reached in the last three days because raw materials are becoming scarce.
Traders in Far East Asia see the drought in South America as a growing problem for the feed market around the world. The forecasts suggest some rain, but so far this should not be enough and sustainably increase yields.
For US farmers who incurred heavy losses during their government's trade dispute with China, the four-year high in direct marketing of their crops at prices so high it has not been in four years is just right now. Not only is the export going at full speed, but also the processing of the soybeans in the country's oil mills.

Source
Hansa Terminhandel GmbH
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich