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    Home > Active Ingredient News > Feed Industry News > June 20 international soybean market news

    June 20 international soybean market news

    • Last Update: 2002-06-21
    • Source: Internet
    • Author: User
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    Introduction: 1 On Wednesday, U.S soybean port premium prices were 36 cents / bushel in June, 36 cents / bushel in July, and 38 cents / bushel in August; Brazil's soybean offshore premium was lower than the previous day, 25 cents / bushel in June, 29 cents / bushel in August; Argentina's onshore premium was still 13 cents / bushel in July 2 On Wednesday, the off shore premium of American and South American soybean meal remained stable, 12 cents / bushel in June, 12 cents / bushel in July and 13 cents / bushel in August; the off shore premium of Brazilian soybean meal was - 15.5 cents / bushel in July, - 15 cents / bushel in August and - 9 cents / bushel in September; the premium of Argentine soybean meal sales was Prices were - 26.5 cents / bushel in July, - 23.5 cents / bushel in August and - 22 cents / bushel in September 3 On Wednesday, the premium of South American soybean oil was lower than the day before In July, Argentina's soybean oil offshore premium was + 90%; in August, it was + 80% ~ + 85%; in July, Brazil's soybean oil offshore premium was + 100%; in August, it was + 85% 4 On Wednesday, as the currency Peso weakened against the US dollar, Argentine soybean prices rose In Rosario and Bahia Blanca, soybean prices rose 2 pesos to 482 pesos, or US $136.70 5 On Wednesday, Allandale, an independent broker and analyst in the United States, released an estimate of the U.S Department of agriculture's June planting area report The company estimates that the U.S soybean planting area is 73.72 million acres, which is higher than the 72.97 million acres estimated by the U.S Department of agriculture in March and 73.5 million acres estimated in the supply and demand report in June The company said the harvested area of soybeans could increase, and if the yield is assumed to remain unchanged, the yield could be close to 2.877 billion bushels, with a closing inventory of 279 million bushels 6 On Wednesday, CBOT soybean contracts fell by 1 / 2 cent - the price remained unchanged, with 56635 transactions; soybean meal contracts rose by 40 cents to 1 US dollar, with 23912 transactions; soybean oil contracts rose by 6 points, with 29544 transactions 7 According to the secex report of Brazil's Ministry of foreign trade, as of May 31, Brazil has registered 9.1 million tons of soybeans for export, down 12.5% from 10.4 million tons in the same period last year In the business year from February 2002 to January 2003, Brazil registered 6 million tons of soybean meal for export as of May 31, up from 5.6 million tons in the same period last year In the same period, soybean oil export registration grew strongly, reaching 981000 tons, up from 924000 tons in the same period in 2001 Export registration represents export intention, but it is not always implemented, so it does not represent final export data Brazil is the world's second largest soybean producer after the United States, accounting for 24% of the global soybean supply (author:) share to feed Weibo share to:
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