Overall Food Price Index Decreases In July, the United Nations Food and Agriculture Organization (FAO) reported that the average Food Price Index decreased to 120.8 points. This represents a 3.1% […]
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Category: Soybeans
Soybeans
Record Soybean Meal Stocks in China Amid Import Surge
Surge in Soybean Meal Stocks As of July 26, China’s soybean meal stocks reached a record 1.38 million tons, marking a 29% increase from the previous month and a staggering […]
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Ukraine Increases Agricultural Exports by 1.5% in July
Monthly Export Overview In July, Ukraine saw a 1.5% increase in its export of agricultural products, reaching a total of 5.4 million tons. This slight rise comes despite varying changes […]
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Europe’s Food Chain Under Heavy Rains and Heatwaves
Extreme weather events, from torrential rains to scorching heatwaves, have wreaked havoc on the Europe’s vital agricultural sector. With crop yields plummeting and food prices on the rise, the […]
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Favorable Weather Conditions Lead to Lowest US Soybean Prices Since 2020
Positive Weather Impact on US Soybean Crop The weather in the United States has been favorable for soybean crop development, contributing to the lowest soybean prices since the end of […]
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EU Rapeseed Harvest Forecast Cut Again Amid Falling Prices
Strategie Grains Lowers Rapeseed Forecast Strategie Grains has once again lowered its forecast for the EU rapeseed harvest in 2024. The latest estimate has been reduced from 17.8 million tons […]
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UFOP: Record Global Soybean Harvest Expected in 2024/2025 Season
Optimistic Outlook for Global Supply The United States Department of Agriculture (USDA) recently adjusted its forecast for global soybean supply slightly downward. Despite this revision, the Union for the Promotion […]
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Brazil’s Soybean Meal Exports Set to Hit Record
Record-Breaking Export Forecast In July, Brazil’s soybean meal exports are forecasted to reach 2.4 million tons, an increase from the previously expected 2.23 million tons. If this target is met, […]
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Global Soybean Meal Production to Reach 269 Million Tons
Record Production Forecast Analysts from Oil World in Germany have raised their forecast for global soybean meal production for the 2024/25 marketing year (MY) to a record 269 million tons. […]
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Abundance of Soybeans in China Threatens US Exports Amid Low Demand
Excess Supply Limiting China’s Import Appetite The abundance of soybeans in China poses a significant threat to US soybean exports, particularly during the peak marketing period between September and December. […]
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