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Oilseeds daily: China's meat production is developing well

May 18, 2021 at 2:00 PM, Der AUDITOR
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CHICAGO/HAMBURG. Market and price trends with trade assessments. China's meat supply is rising, but prices are declining. For rapeseed and canola, the market is doing a balancing act between the old and the new crop.

Soybeans: China's hog prices have declined sharply

The tight supply situation for US soybeans is keeping prices stable. The weekly US export inspection showed that 308,818 mt of soybeans were shipped in the week until 13 May. This was a 26.5% increase from the week before, but remained 24.8% below the same week last year. Total US soybean exports reached 56.012 million mt, about 90% of the USDA's forecast. The NOPA report was disappointing. It showed that 160.31 million bushels of US soybeans were processed in April, which is below the trade expectation of

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