Chinese Soybean Imports to Drop Later in 2021
China’s soybean imports are likely to slow sharply during the second half of this year after a record first-half buying spree.
Reuters says that puts a dent in expectations for sustained growth from the top global soybean buyer and hurts U.S. market sentiment just as farmers will need to sell their new crop.
A serious drop in hog profitability and a sharp rise in the use of wheat for feed are slowing down Chinese demand for soybeans, just as farmers are expecting to pull in their third-largest harvest in history.
That will add further volatility to a critical crop, which rallied earlier in 2021 to nine-year highs.
The manager of a crush plant in northern China told Reuters that, “Soymeal demand is reaching rock bottom as the basis hit its lowest point so far this year. We can’t place a lot of orders to make purchases, so U.S. soybean exports will surely be hit.”
China imported a record 48.95 million tons in the first half of 2021, up nearly nine percent on the year as hog herds recovered from African Swine Fever and top producer Brazil shipped a record crop to the Asian nation.
(Story Courtesy of the NAFB News Service)
Events Calendar
Calendar of Events
M Mon
T Tue
W Wed
T Thu
F Fri
S Sat
S Sun
1 event,
RSVP Bone Builders-Mondays
RSVP Bone Builders-Mondays
RSVP Bone Builders meet at: Redwood Falls Public Library from 9 am – 10 am
5 events,
RSVP Bone Builders-Tuesday
RSVP Bone Builders meets: Redwood Area Community Center at 10 am. Lamberton Community Center at 9 am […]
Friends of Gilfillan Farm Fest
Friends of Gilfillan Farm Fest
During Farm Fest Aug 2, 3, 4 we will be: Serving food in the pavillion Music on […]
Second Harvest Food Distribution
Second Harvest Food Distribution
Second Harvest food distribution pick-up is the first Tuesday of every month from 11 am - 12 noon […]
Redwood Area Alano Club-Tuesday
Redwood Area Alano Club-Tuesday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
2 events,
Redwood County Appliance and Electronics Collections
Redwood County Appliance and Electronics Collections
Bring your old, worn out, broken and unwanted appliances and electronics to the collection being held behind […]
Redwood Area Alano Club NA Meeting
Redwood Area Alano Club NA Meeting
NA Meeting at Redwood Area Alano Club. Every Wednesday Night 1008 S Ramsey St Redwood Falls MN
2 events,
RSVP Bone Builders-Thursdays
RSVP Bone Builders meets: Redwood Falls Public Library at 9 am. Redwood Area Community Center at 10 […]
Redwood County Museum
Redwood County Museum
Redwood County Museum by KLGR Radio Summer Hours starting on JUNE 2nd Thursday-Sun from NOON to 4PM
2 events,
Redwood Area Alano Club-Fridays
Redwood Area Alano Club-Fridays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Saturdays
Redwood Area Alano Club-Saturdays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Sunday
Redwood Area Alano Club-Sunday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
RSVP Bone Builders-Mondays
RSVP Bone Builders-Mondays
RSVP Bone Builders meet at: Redwood Falls Public Library from 9 am – 10 am
2 events,
RSVP Bone Builders-Tuesday
RSVP Bone Builders meets: Redwood Area Community Center at 10 am. Lamberton Community Center at 9 am […]
Redwood Area Alano Club-Tuesday
Redwood Area Alano Club-Tuesday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club NA Meeting
Redwood Area Alano Club NA Meeting
NA Meeting at Redwood Area Alano Club. Every Wednesday Night 1008 S Ramsey St Redwood Falls MN
3 events,
RSVP Bone Builders-Thursdays
RSVP Bone Builders meets: Redwood Falls Public Library at 9 am. Redwood Area Community Center at 10 […]
Minnesota River Area Agency on Aging
Minnesota River Area Agency on Aging
MINNESOTA RIVER AREA AGENCY ON AGING Administrative Office 201 N. Broad St. Suite 102 Mankato, MN 56001 […]
Redwood County Museum
Redwood County Museum
Redwood County Museum by KLGR Radio Summer Hours starting on JUNE 2nd Thursday-Sun from NOON to 4PM
2 events,
Redwood Area Alano Club-Fridays
Redwood Area Alano Club-Fridays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Saturdays
Redwood Area Alano Club-Saturdays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Sunday
Redwood Area Alano Club-Sunday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
RSVP Bone Builders-Mondays
RSVP Bone Builders-Mondays
RSVP Bone Builders meet at: Redwood Falls Public Library from 9 am – 10 am
3 events,
RSVP Bone Builders-Tuesday
RSVP Bone Builders meets: Redwood Area Community Center at 10 am. Lamberton Community Center at 9 am […]
Rubys Pantry Redwood Falls
Rubys Pantry Redwood Falls
Ruby's Pantry Food Distribution 3rd Tuesday of the month at the Redwood County Fairgrounds $25.00 cash donation […]
Redwood Area Alano Club-Tuesday
Redwood Area Alano Club-Tuesday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club NA Meeting
Redwood Area Alano Club NA Meeting
NA Meeting at Redwood Area Alano Club. Every Wednesday Night 1008 S Ramsey St Redwood Falls MN
4 events,
RSVP Bone Builders-Thursdays
RSVP Bone Builders meets: Redwood Falls Public Library at 9 am. Redwood Area Community Center at 10 […]
Minnesota River Area Agency on Aging
Minnesota River Area Agency on Aging
MINNESOTA RIVER AREA AGENCY ON AGING Administrative Office 201 N. Broad St. Suite 102 Mankato, MN 56001 […]
Redwood County Museum
Redwood County Museum
Redwood County Museum by KLGR Radio Summer Hours starting on JUNE 2nd Thursday-Sun from NOON to 4PM
Compassionate Friends Meeting
Compassionate Friends Meeting
Compassionate Friends is a grief support group for parents who have lost a child. Meetings are the […]
3 events,
55th Annual Butterfield Threshermen’s 2022
55th Annual Butterfield Threshermen’s 2022
Admission starting 4:30PM Friday Adults 13 & older $10, Children FREE This year we are featuring the […]
Redwood Area Alano Club-Fridays
Redwood Area Alano Club-Fridays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
2 events,
Redwood Area Alano Club-Saturdays
Redwood Area Alano Club-Saturdays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
Echo Days Parade
Echo Days Parade
Echo Days in Echo Parade Saturday, August 20th 4pm line up at the E.C.H.O. Charter School and […]
2 events,
St. Andrew’s Fun Fest in Fairfax
St. Andrew’s Fun Fest in Fairfax
St. Andrew's Fun Fest Fairfax, MN Sunday August 21, 2022 10:00AM Polka Mass Deep Fried Chicken Dinner […]
Redwood Area Alano Club-Sunday
Redwood Area Alano Club-Sunday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
2 events,
RSVP Bone Builders-Mondays
RSVP Bone Builders-Mondays
RSVP Bone Builders meet at: Redwood Falls Public Library from 9 am – 10 am
Wood Lake Fair
Wood Lake Fair
August 22, 23 & 24 Monday, August 22 SCAVENGER HUNT LITTLE SCRAPPER’S CHILDREN’S 4:00 Pick up bags […]
2 events,
RSVP Bone Builders-Tuesday
RSVP Bone Builders meets: Redwood Area Community Center at 10 am. Lamberton Community Center at 9 am […]
Redwood Area Alano Club-Tuesday
Redwood Area Alano Club-Tuesday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club NA Meeting
Redwood Area Alano Club NA Meeting
NA Meeting at Redwood Area Alano Club. Every Wednesday Night 1008 S Ramsey St Redwood Falls MN
3 events,
RSVP Bone Builders-Thursdays
RSVP Bone Builders meets: Redwood Falls Public Library at 9 am. Redwood Area Community Center at 10 […]
Minnesota River Area Agency on Aging
Minnesota River Area Agency on Aging
MINNESOTA RIVER AREA AGENCY ON AGING Administrative Office 201 N. Broad St. Suite 102 Mankato, MN 56001 […]
Redwood County Museum
Redwood County Museum
Redwood County Museum by KLGR Radio Summer Hours starting on JUNE 2nd Thursday-Sun from NOON to 4PM
2 events,
Redwood Area Alano Club-Fridays
Redwood Area Alano Club-Fridays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Saturdays
Redwood Area Alano Club-Saturdays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Sunday
Redwood Area Alano Club-Sunday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
RSVP Bone Builders-Mondays
RSVP Bone Builders-Mondays
RSVP Bone Builders meet at: Redwood Falls Public Library from 9 am – 10 am
2 events,
RSVP Bone Builders-Tuesday
RSVP Bone Builders meets: Redwood Area Community Center at 10 am. Lamberton Community Center at 9 am […]
Redwood Area Alano Club-Tuesday
Redwood Area Alano Club-Tuesday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club NA Meeting
Redwood Area Alano Club NA Meeting
NA Meeting at Redwood Area Alano Club. Every Wednesday Night 1008 S Ramsey St Redwood Falls MN
2 events,
RSVP Bone Builders-Thursdays
RSVP Bone Builders meets: Redwood Falls Public Library at 9 am. Redwood Area Community Center at 10 […]
Minnesota River Area Agency on Aging
Minnesota River Area Agency on Aging
MINNESOTA RIVER AREA AGENCY ON AGING Administrative Office 201 N. Broad St. Suite 102 Mankato, MN 56001 […]
2 events,
Redwood Area Alano Club-Fridays
Redwood Area Alano Club-Fridays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Saturdays
Redwood Area Alano Club-Saturdays
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]
1 event,
Redwood Area Alano Club-Sunday
Redwood Area Alano Club-Sunday
Alano Club is now open to all scheduled meeting. We are asking all to use social distancing. […]