Laden…
The USDA announced nearly 4 million metric tons of corn sold to China in the past week. The sales came as high-level U.S.-China talks began, and commentary notes that vegetable oil prices have risen sharply on tight supply and a proposed U.S. clean energy push.
Soybean oil has gained over 30% since January 1.
Large Chinese corn purchases tighten U.S. export supplies and support corn prices. Strong soybean oil demand from biofuel expectations also supports prices in the oilseed complex.
feedandgrain.comKevin McNew23 mrt 2021Na 729 eerdere opwaarts handel-gebeurtenissen bewoog Maïs zich mediaan +0,4% over 5 sessies (56% hoger; middelste helft -1,1% tot +1,8%), en +0,5% over 20.
Na 224 eerdere opwaarts handel-gebeurtenissen bewoog Sojaolie zich mediaan +0,4% over 5 sessies (54% hoger; middelste helft -1,5% tot +2,1%), en -0,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
USDA announced nearly 4 mt of corn sold to China in one week, a major export demand shock that supported futures.
