Chinese Organic Bean/Meal Exports to EU Fall; Non-GMO Soybean Premiums Rise

Chinese Organic Bean/Meal Exports to EU Fall; Non-GMO Soybean Premiums Rise

 

The Jacobsen would like to invite our clients to our

Membership required to view content.
Membership required to view content.
 May 21 at 12pm EST.

Chinese exports to the EU, have eased over the past 8-months beginning their negative trajectory in September of 2019. The 12-month moving average of Chinese exports of organic soybeans/meal to EU has dropped from approximately 3K metric tons per month to nearly 2K metric tons per month according to The Jacobsen. This has substantially buoyed prices. Merchandisers are saying that prices are offered for the Q4 at 800-Euros per metric ton by some Chinese sellers. Spot prices are as higher as 1,000 Euros per metric ton with nobody actively trading.

Chinese exports of organic soybeans/meals have a seasonal tendency to rise in the Q4 but 2019…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.18.2024

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...

11.18.2024

UCO prices rise to start week; December cattle slaughter expected to decline

UCO prices rise to start week; December cattle slaughter expected to decline

Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...

11.18.2024

Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand

Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand

US animal proteins were steady to higher on Monday November 18.

Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...

Latest Tweets