China's No1/central document includes plans to improve and consolidate soybean production. Intend to stabilise food and oil output. To diversify agricultural product imports.
China's plans to improve and consolidate soybean production signify a strategic move to bolster food security and enhance self-sufficiency in critical agricultural commodities.
Germany sells EUR 1.35bln vs exp. EUR 1.5bln 2.50% 2035 Green Bund: b/c 2.01x (prev. 2.2x), average yield 2.79% (prev. 2.52%), retention 10.0% (prev. 4.2%)
Russian Deputy PM Novak says oil demand and supply are in balance. OPEC+ sees oil demand increasing in the Spring and Summer
China's No1/central document includes plans to improve and consolidate soybean production. Intend to stabilise food and oil output. To diversify agricultural product imports.
[MARKET ANALYSIS] European equities trades mostly in the green; FTSE 100 subdued by weaker crude price
French Finance Minister says FX volatility is a subject that he hopes to put on the G7 agenda, depending on developments
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This could have significant implications for global supply chains and might affect prices in the agricultural markets, especially for soybeans and their derivatives, as China diversifies its import sources.
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