Us soybean prices are up

Us soybean prices are up

WASHINGTON (MarketWatch) – US soybean spot market prices rose on Thursday, mainly due to the US Department of Agriculture’s Thursday supply and demand report released.US Department of Agriculture report shows that 2017/18 US soybean yields down to 49.5 po / acre, lower than the September forecast of 49.9 po / acre. In contrast, analysts reported on the Wall Street Journal survey averaged 49.1 poins / acre of US soybean yields in 2017/18.

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Oil demand slowed

Oil demand slowed

Oil demand slowed, the market outlook is difficult to change weak.Soybean oil: With the end of the domestic holiday, oil plant operating rate gradually picked up, the next two weeks, soybean crush will rise to 172 and 1.9 million tons, soybean oil stocks have increased to 1.48 million tons, many soybean oil stocks pressure

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