Soybean and corn futures witnessed a sharp decline on the Chicago Stock Exchange, hitting 3-year lows as funds engaged in significant sell-offs. The strengthening dollar, reaching a 3-month high, is […]
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Category: Soybeans
Soybeans Market News & Prices | Global Supply, Demand & Outlook
Palm Oil Prices Surge Despite Record Production Forecasts in Malaysia and Indonesia
Contrary to expectations of a decline due to the El Niño phenomenon, palm oil production in Malaysia and Indonesia is poised to reach record levels this year. Abundant rainfall in […]
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Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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USDA Lowers Brazilian Soybean Crop Forecast by Only 1 Million Tonnes, Despite Market Expectations for More Significant Changes
In a February report, USDA experts slightly lowered their forecasts for world soybean production, consumption and exports, although the market had been expecting more significant reductions. As a result of […]
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Pressure on Soybean and Corn Prices Due to Rainfall Forecasts in Argentina and Brazil
Rain is coming After a long period of dry and hot weather, most of Argentina will experience heavy showers over the weekend and temperatures will return to normal. Another front […]
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Soybean Oil Prices in South America Fall to a 3-Year Low
Under pressure from lower soybean oil prices on the Chicago exchange and demand from buyers, spot prices in South America fell below $800/t or €743/t for the first time since […]
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Conditions for Automatic Licensing of Sunflower Exports Set
Ukrainian Cabinet of Ministers sets conditions for automatic licensing of sunflower exports Following Bulgaria’s agreement to liberalise the licensing regime for sunflower exports, the Cabinet of Ministers of Ukraine has […]
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What Is the Situation of Crops in the World?
At the end of January, conditions were mixed for wheat and soybeans, but favourable for corn and rice, according to the latest AMIS bulletin with the February 2024 crop situation. […]
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