Spring Sowing Campaign Successfully Concluded Ukrainian farmers have wrapped up the spring sowing campaign, covering nearly 13 million hectares of spring crops, according to the Ministry of Agrarian Policy. This […]
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Category: Oil Seeds
Oil Seeds
South America Expands Soybean Production and Export Dominance
Brazil, Argentina and Paraguay will produce just over 217 million tons of soybeans in the 2023/24 harvest. Together, the countries will add 22.55 million tons (11.6%) to global production, increasing […]
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Weekly Sesame Market Report: Updates and Comparative Insights
China: Increased Sesame Inventory As of May 30, the inventory of imported sesame at Qingdao Port’s main warehouses stood at approximately 228,000 MT. This represents a 2.43% increase compared to […]
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UGA Lowers 2024 Crop Estimate of Grains and Oilseeds
Lower Harvest Projection The Ukrainian Grain Association (UGA) has revised its forecast for the 2024 harvest, lowering it by 1.5 million metric tons (MMT) to a total of 74.6 MMT […]
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Soybean Prices Rise in May Amid Uncertainties in Brazil
Impact of Currency Exchange Rates In May, the exchange rate had a positive effect on the Brazilian soybean market. The commercial dollar appreciated by 0.33%, closing at 5.20R$ -or 0,91€ […]
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Sunflower Seed Market Faces Low Turnover and Price Drop
Low Turnover as Summer Approaches Market participants in Tianjin report a significant slowdown in the sunflower seed market as summer approaches. Turnover has decreased, and prices have fallen, with traders […]
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Soybean Prices Close Lower Ahead of Holiday
Market Dynamics and Futures Trading Soybean Meal Futures Decline Soybean meal futures for July delivery closed down $7.50, or 1.99%, at $369.10 per ton. The Brazilian soybean market recorded minimal […]
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Soybean Prices Break Records in Maharashtra, India
Karanja Mandi Soybean Prices Break 2021 Record High Prices Despite Low MSP in Most Mandis On May 20, Karanja Mandi in Washim district saw soybean prices reach new heights. The […]
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Soybean Prices Fall as South American Harvest Ends and U.S. Planting Accelerates
Soybean prices have taken a hit as the harvest in South America concludes and U.S. planting speeds up. This market shift is influenced by various factors including strong competition and […]
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Low Canola Planting Rates in Canada Boost EU Prices
Cold and wet weather in Canada is delaying canola planting, which is supporting canola prices in the EU. Meanwhile, rainfall in Australia is improving prospects for their upcoming canola crop. […]
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