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China's soybean surplus is growing due to record purchases & low feed demand, pushing down prices for soyoil & soymeal.

(Jul 19, 2024)
China's soybean surplus is growing due to record purchases & low feed demand, pushing down prices for soyoil & soymeal. This oversupply may reduce imports during the U.S. peak marketing season, pressuring prices already near 4 year lows.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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