NEWS
Vietnam Buys 120,000 MT US Soymeal
Wed Aug 21, 2013 11:47 AM CDT

FREEMANTLE, Australia (Dow Jones) -- Vietnam bought three cargoes of U.S. soymeal totaling around 120,000 metric tons for shipment in October, November and December from Omaha-based farmers' cooperative, Ag Processing Inc., trading executives said Wednesday.

The cargoes were bought on a premium basis over the December soymeal futures on the Chicago Board of Trade, the executives said. An Ag Processing executive declined to comment when contacted.

The deal indicates that Vietnam, a traditional buyer of Indian and South American soymeal, is turning to the U.S. to meet increased demand, traders said here at an international grains conference.

Vietnam's demand for ...

Quick View
  • Back to Beans Growers considering moving a field from continuous corn back into soybeans should pay special att...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Clean Air Lawsuits Filed Several environmental and animal-welfare groups argue in two lawsuits that there is well-document...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories