CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...
MUMBAI, Jan 16- India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after...
BEIJING, Jan 14- China's December soybean imports plunged 40.1 percent from a year earlier, customs data showed on Monday, as it cut purchases from the United States, its second-largest supplier, because of the trade war between the two countries. Imports last month dropped to 5.72 million tonnes, said the General Administration of Customs, the lowest for the...
BEIJING, Jan 14- China's December soybean imports fell 40.1 percent from a year earlier to 5.72 million tonnes, customs data showed on Monday, as purchases from the United States dropped due to higher tariffs. Soybean imports last year fell 7.9 percent to 88.03 million tonnes, said the General Administration of Customs, after Beijing increased the tariffs on the...
CHICAGO, Jan 4- U.S. soybean futures climbed to a two-week high on Friday on optimism over U.S.- China trade talks planned for next week, coupled with declining estimates of the size of Brazil's developing crop, traders said. As of 12:47 p.m. CST, Chicago Board of Trade March soybeans were up 8-1/ 2 cents at $9.21-1/ 4 a bushel after reaching $9.22-1/ 2, the contract's...
CHICAGO, Jan 3- U.S. wheat futures rose about 1.4 percent on Thursday, reaching a one-week high on a technical rebound from multi-month lows and optimism about U.S. export prospects, analysts said. Chicago Board of Trade March soft red winter wheat settled up 7 cents at $5.13-3/ 4 a bushel. "It's more technical than fundamental today," said Terry Reilly, senior analyst...
CHICAGO, Jan 3- U.S. wheat futures rose about 1.2 percent on Thursday, reaching a one-week high on a technical rebound from multi-month lows and optimism about U.S. export prospects, analysts said. As of 12:49 p.m. CST, Chicago Board of Trade March soft red winter wheat was up 6 cents at $5.12-3/ 4 a bushel. "It's more technical than fundamental today," said Terry Reilly,...
*Wheat firm on short-covering, excess wetness in Argentina. CHICAGO, Jan 2- U.S. soybean futures climbed to a one-week high on Wednesday on declining yield prospects in Brazil and optimism about U.S. trade relations with top global soy buyer China, traders said. Wheat futures rose, rebounding from multi-month lows on short-covering and concerns about excessive...
*Soy down 7 pct in 2018, buffeted by U.S.- China tussle. U.S. soybean futures ended lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy buyer China. Chicago Board of Trade March wheat futures settled down 8-1/ 4 cents at $5.03-1/ 4 per bushel after touching $5.03, the contract's lowest since Jan. 24, and the...
*Soybean market buffeted by U.S.- China tussle in 2018. U.S. soybean futures turned lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy buyer China. As of 12:40 p.m. CST, Chicago Board of Trade March wheat futures were down 8 cents at $5.03-1/ 2 per bushel after touching $5.03, the contract's lowest...
CHICAGO, Dec 28- The U.S.- China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology- and above all, agriculture. Disrupted agricultural trade hurt both sides particularly hard because China is the world's biggest soybean importer and last year relied on the United States for $12 billion...
*U.S. soybeans usually dominate China market in Q4. BEIJING, Dec 24- China's soybean imports from the United States plunged to zero in November, marking the first time since the trade war between the world's two largest economies started that China, the world's largest soybean buyer, has imported no U.S. supplies. China brought in 5.07 million tonnes of soybeans...
BEIJING, Dec 24- China plans to remove import and export tariffs in 2019 on a range of goods, including import taxes on alternative meals used in animal feed, to secure supplies of raw materials amid trade tensions with the United States and boosting outbound cargoes. China's trade war with the United States has unsettled the global soy market after China...
BEIJING, Dec 23- China's November barley imports dropped further, while sorghum intake remained a trickle, customs data showed on Sunday, amid Beijing's rocky trade relations with major grains exporters. Australia exported 6.48 million tonnes to China in 2017, worth about $1.5 billion and close to three-quarters of the 8.86 million tonnes of barley that...
SINGAPORE, Dec 18- Chicago soybean futures retreated from Monday's highs early Tuesday as the Asian session failed to drum up follow-on buying interest in the absence of fresh Chinese buying. The U.S. Department of Agriculture reported soybean purchases of more than 1.5 million tonnes by China last week- the first in six months- but has not confirmed fresh deals...
CHICAGO, Dec 14- U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China coupled with ballooning global supplies, traders said. The most-active soybean contract struck a near six-month high on Wednesday, while spot January futures reached a 4-1/ 2- month top, as traders reported China had...
CHICAGO, Dec 14- U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China, coupled with ballooning global supplies, traders said. The most-active soybean contract struck a near six-month high on Wednesday, while spot January futures reached a 4-1/ 2- month top, as traders reported China had...
*U.S. soy stocks seen remaining high despite China buying. CHICAGO, Dec 13- U.S. soybean futures fell to a one-week low on Thursday as confirmation of a 1.13 million-tonne U.S. soybean sale to China failed to impress traders who are shifting their focus to burdensome U.S. and global supplies, analysts said. Soybeans slid to session lows after the U.S. Department of...
*U.S. soy stocks seen remaining high despite China buying. CHICAGO, Dec 13- U.S. soybean futures fell to a one-week low on Thursday as confirmation of a 1.13 million-tonne U.S. soybean sale to China failed to impress traders who are shifting their focus to burdensome U.S. and global supplies, analysts said. Soybeans fell to session lows after the U.S. Department of...
*Traders say China bought at least 500,000 tonnes from U.S. CHICAGO, Dec 12- U.S. soybean futures hit a 4-1/ 2- month high on Wednesday as China bought U.S. soybeans for the first time since U.S. "The headline risk is waning, and that has got people taking profits," said Dan Basse, president of AgResource Co. "When people in the cash market started to hear that China was buying,...
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