China Update: -----------------------------------
Post# of 22940
First up Gold & Oil. Gold starts swings to the downside, MRVB looking to acquire Dust if lows hold...
Oil swings low in china
MRVB waiting on upside
EIA receives Non GMO soybean request 10,000 metrics tons. no deal structure information available at this time
For China's non GMO insight on soybean see
farmers prepare to harvest their 2016 soybean crops, customers in China are committing to purchase them. Buyers from China have committed to buy nearly $1.8 billion worth of U.S. soy, totaling 146 million bushels of U.S. soybeans. Several of these commitments were made official at a signing ceremony held at the Global Trade Exchange in Indianapolis, hosted by the U.S. Soybean Export Council.
“China continues to be the No. 1 importer of U.S. soybeans,” says Xiaoping Zhang, USSEC country manager – China. “International buyers have many options, so the fact that Chinese buyers purchase such a magnitude from the U.S. is testament to the U.S. Soy Advantage and the quality and sustainability that it provides.”
Last year, U.S. soybean farmers exported a record 62.88 million metric tons of soy and soy products, valued at $27.7 billion – a record high. Economists are predicting even more in 2016.
More than a dozen Chinese representatives are in attendance this week at the Global Trade Exchange to network with U.S. farmers and learn more about the sustainability of U.S. soybeans. In addition to signing commitments for U.S. soy, they will network with buyers from other countries around the world, learn from industry experts and get a firsthand glimpse of U.S. farmers’ sustainable practices.
The U.S. Soybean Export Council connects U.S. soybean farmers with opportunities to improve human nutrition, livestock production, and aquaculture. This mission is accomplished with a science-based technical foundation and a global network of partnerships including soybean farmers, exporters, agribusiness and agricultural organizations, researchers, and government agencies.
EIA received requests for IRON ORE shipments to China from the US and Canada.
Soybeans sells for $971.50 per metric ton
EIA received requests for IRON ORE shipments to China from the US and Canada.
Soybeans sells for $971.50 per metric ton
shows soybeans sells for $971.50 per metric ton
shows iron ore is up .26 to $52.95
Waiting for Iron Ore metric ton numbers
Trans-Pacific Aerospace Company. Inc. $TPAC
Home Page: tpacbearings.com
Twitter: TPACMuse
Sun Night : China Updates
Mon-Thur : Daily Updates
TPAC E-Mail : ir@tpacbearings.com
( please e-mail and request to be placed on e-mail service)
TPAC Home Board : InvestorsHangout.com