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Volume of soymeal contracts rising in China, with prices up 36% this year

Dry weather in Brazil and flooding in Argentina are threatening supplies of soya beans, which are crushed to produce soybean oil and the meal that's fed to animals.


NOBODY told China's soybean meal traders that the frenzy in commodities is over.

While trading in everything from steel to cotton futures collapsed following steps by the country's regulators to deflate a speculative bubble in April, the volume of soymeal contracts has...