USA wants China not to impose customs tariffs on soybean imports
Ram Gopal Yadav (8 years ago)

Chinese restrictions on imports of soybean from the United States will harm the Chinese people more than US producers. Imposition of China duties on soybean import would cause an annual economic loss for the US between 1.7 billion USD and 3.3 billion USD. China buys nearly 60% of soy products that are traded globally, with over 30% of soybean imports coming from the United States.

Philippine Soybean meal imports seen rising by 5.45% this year 2.9 MMT
Ram Gopal Yadav (8 years ago)

Philippine soybean meal (SBM) imports this year would go up by 5.45 percent to a record-high of 2.9 million metric tons (MMT) due to the continuous expansion of the livestock and poultry sectors. Driven by strong feed demand from the expanding domestic hog and poultry industries, SBM imports are forecast to reach a record 2.9 million tons in marketing year [MY] 18/19.

Saudi Arabia buys 1 million mt of barley, pays 2.4% more
Ram Gopal Yadav (8 years ago)

Saudi Arabia’s state grain buyer SAGO bought 1.02 million mt of barley at tender, paying 2.4% more than at its previous tender five weeks ago. SAGO paid an average $249.23/mt for seventeen 60,000 mt cargoes to be delivered into ports on the Red Sea and Gulf between mid-May and the end of June. The price paid shows the rally in global barley prices of late on the back of tightening supply, with SAGO paying an average $243.47/mt CFR for 960,000 mt at its previous tender in mid-February. With prices ranging from $238.47-$257.47/mt.

Turkey stepped up Ukrainian barley imports by 26%
Ram Gopal Yadav (8 years ago)

Ukrainian exporters supplied 4.01 MMT of barley to foreign markets in the first eight months of the current marketing year that is 14% less than at the same time last season (4.67 MMT in July-February 2016/17). February barley exports were 53% less than in the previous month and down 67% on the year (201.9 KMT was shipped abroad in February 2017). The top importers of Ukrainian barley included Saudi Arabia, China, the European Union and Libya. The share of Turkey continues growing. Ukraine supplied over 167 KMT of barley to this market at the time, i.e. 26% more than for the entire last season.