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USDA's Foreign Agricultural Service raised its 2022/23 China soybean import forecast to a record 100.0 million tons in its August oilseeds report. China had already imported about 84.5 million tons through 10 months, and 2023/24 imports are forecast at 99.0 million tons.
Brazilian and other South American supply has been winning share from the US.
A record Chinese import forecast signals very strong global soybean demand, supporting soybean and meal prices, while the shift in origin affects US export competitiveness.
farmpolicynews.illinois.eduKeith Good13 Agu 2023Setelah 747 peristiwa laporan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,1%), dan +0,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
