Category Archives: News

U.S soybeans ending stock raised on higher production from hike in yields: USDA October

U.S soybeans production for 2021-22 was raised to 4.448 billion bushels, up 74 million from September report underpinned by higher yields—USDA October. The rise was expected but the scale of the rise was much higher than what the market was looking for as a result soybeans contract on CBOT fell below US$12/bushels to trade to the

4—8 Oct: Multiple record high CPO futures prices buoyed by crude oil pricing, jump in canola futures and sustained by Dalian

MPOB September—End-month stocks fell much lower than expected falling by 6.99% to 1.746 million tons from August compared to market expectation of –0.50 to -2.50%. Stocks plunged after production stayed flat (-0.39%), imports declined by 17.96% while export surged within expectation by 36.83% to the highest in 9 months, and domestic consumption hiked up 23.54%