The European Vegetable Oil Association (FEDIOL) estimated that about 1.7 million tonnes of rapeseed from oilseeds were processed at EU oil extraction plants in December, the highest monthly figure since […]
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Category: Soybeans
Soybeans Market News & Prices | Global Supply, Demand & Outlook
China Increased the Weekly Volume of Soybean Processing
According to CNGOIC estimates, which were reviewed in APK-Inform, the weekly volume of soybean processing in China as of January 17 amounted to 2.08 million tons, which is 5% higher […]
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Brazil’s Harvest Could Exceed the Country’s Total Storage Capacity
According to Conab, brazil’s summer crop harvest in 2022/23 may exceed the country’s total storage capacity for the first time in 20 years, Reuters reports. In particular, Brazil can harvest […]
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In China, Soybeans Were Sown the Most Areas Since the Middle of the Last Century
In China, local farmers continue to gradually reduce their dependence on imported soybeans, increasing the volume of oilseed production within the country. Thus, a representative of the Ministry of Agriculture […]
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Rains in Brazil Hinder Soybean Harvest
According to AgRural monitoring data, as of January 12, soybean harvesting in Brazil was completed by 0.6% of the planned areas, compared to 1.2% in the previous year. It is […]
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The Roundup: 2022’s Top Articles of Soybeans
2022 brought countless wins for U.S. Soy, including increased demand and exports as well as entering new markets. So, what better way to kick off the new year than with […]
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What Causes the Low Yield in Argentina?
Argentina’s gross soybean harvest this season could be one of the lowest in 15 years. A severe drought in the country is hampering the development of oilseed crops, and industry […]
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Iran Reduces VAT on Imports of Oilseeds and Vegetable Oil
Iran decided to reduce the amount of value-added tax (VAT) on the import of oilseeds and vegetable oils – from 9% to 1%.” According to the Fars news agency, the […]
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Argentina Agrarians Slowed Down the Pace of Crop Sales
According to the estimates of the Ministry of Agriculture of Argentina, the country’s agrarians in the period December 29-January 4 sold 142.5 thousand tons of soybeans of the harvest-2021/22, which […]
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Brazil Soybean Exports in 2022 Amounted to 77.8 Million Tons
Over 1.5 million tons of soybeans were exported from Brazil to foreign markets in December 2022 compared to the previous month’s shipment of South American oilseeds decreased by 0.4 million […]
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