Long liquidation profit-taking seeped into the market in mid-April following weakness in soyoil prices and forced the market to return a portion of its earlier excessive gains. CPO in for more band trading. CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives advanced sharply in the first four months this year boosted by the bullish soyoil market, tight supplies and supported by demand from the biodiesel sector. Talks of a large reduction in US soybean acreage due to high corn...

The rally in soybean prices was a big help in moving corn off limit-down levels but the price activity in December corn was also a big factor, Kleist said. Selling eased after midsession, when soybean futures and soybean meal rallied. Market Watch Online email. In addition, the corn crop isn t in the ground and in many areas farmers can t get into their fields to prepare the ground for planting, and given the fact that farmers are expected to plant 90 million acres this year, time is of...

Changes in world exports and imports are also nearly offsetting; however, major export changes include 1-million-ton reductions for both Canada and EU-25 and 0. Exports are raised 25 million bushels to 900 million reflecting improved export prospects as U. grain sorghum exports for 2006/07 are lowered 10 million bushels reflecting lower projected imports by Mexico. Projected grain sorghum ending stocks are increased an equal amount. Although soybean meal exports have been strong through...

Mike Austin has been serving the agricultural community for the past 26 years by providing agricultural news, agricultural weather information, market updates, and commodity reports using the latest technology available. Mike is dedicated to making his reports timely and beneficial not only for agricultural operations, but also news that could effect individuals throughout our entire viewing area. Mike Austin has been serving the agricultural community for the past 26 years by providing...

That facility would operate six days a week and have the capacity to process Lancaster County's annual crop of 1 million bushels of soybeans. The facility would use existing grain bins for storage of soybeans and processed soybean meal. Instead of roasting the beans, this facility preheats them to reach an optimum moisture level, then the hull is removed and the beans are processed to produce soybean meal and soybean oil, which can be sold to be used in biofuel products. The proposed...