Brazil could export a record 99 million tonnes of soybeans to foreign markets in 2024, 4% higher than the 95 million tonnes expected this year according to the forecast released […]
Read more
Category: Soybeans
Soybeans Market News & Prices | Global Supply, Demand & Outlook
Oilseeds: Little Trade Drives Prices Down
In Chicago yesterday, the oilseeds gave way. Soybean oil seems to be the driving force at the moment and gave way yesterday after markups in the first half of the […]
Read more
China Increased Weekly Soybean Processing Volume
China increased weekly soybean processing volume by about 2.2 million tons from July 15-21, up 5% from the previous reporting period and 32% above the same dates last year according […]
Read more
Rainfall Is Weighing on U.S. Soybean Market
Further rainfall is forecast in the USA and Canada The prospect of rainfall in the U.S. Midwest over the next two weeks weighed on the U.S. soybean market. For yield […]
Read more
Record Soybean Harvest Is Expected in Brazil
Farmers in Brazil can harvest 156 million tons of soybeans in the season-2022/23 – this will be a new record for the country. This forecast was announced by analysts of […]
Read more
Soybean Market Woes: Prices Plummet Below $0,73 Per kg
Despite Maharashtra’s position as a soybean production powerhouse, farmers are grappling with a price fall rollercoaster this year. The soybean market price has taken a significant dip, hitting rock bottom […]
Read more
Brazil’s Soybean Attracting Chinese Buyers
China imported 9.53 million tons of soybeans from Brazil in June 2023, up 31.6 percent from 7.24 million tons a year earlier, according to data released by Chinese customs on […]
Read more
EU Reduced Soybean Processing by 14% In June
According to the estimates of Fediol industrial association, in June, the EU soybean processing is estimated at 1.11 mln tonnes, down 14% compared to the previous month (1.28 mln tonnes) […]
Read more
Oilseed Prices Soften Except for Sunflower Seeds
Except for sunflower seeds oilseed prices softened. On Euronext, the 500 euro mark for rapeseed is not held. Sales from the new crop slow down the rally. However, the signals […]
Read more
United Soybean Board Farmer-Leaders Set FY24 Budget
NIAGARA FALLS, N.Y. (July 19, 2023) — The 77 farmer-leaders serving on the United Soybean Board approved $191.5M for the 2024 fiscal year budget. The budget supports research, promotion and […]
Read more