The drop in soybean prices over the last year has obviously helped to boost global soybean demand. However, the increase in global consumption predicted for 2015/16 now has to be questioned because of several factors. U.S. Biodiesel Production Reached 122 Million Gallons in June The U.S. Energy Information Administration (EIA) yesterday indicated U.S. biodiesel production in June reached 122 million gallons, an increase over May's 116 million gallons. 474 million pounds (215,005 MT) of soyoil were used to produce the June total, up from 443 million pounds (200,943 MT) in May. Soyoil accounted for 52 percent of all biodiesel feedstocks for that month. Korean Feedmill Group Issues Tender for Soymeal South Korea's Major Feedmill Group has...