Lowest Prices in Years New harvest soybean prices in the US have dropped to their lowest level since late 2020, reaching $406 per ton. Favorable weather conditions in the spring […]
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Category: Soybeans
Soybeans
Global Vegetable Oil Market Sees Mixed Price Trends Amid Harvest and Economic Shifts
Palm and Sunflower Oil Prices Drop Slightly The prices for palm and sunflower oils have seen a modest decline, attributed to a variety of market dynamics. With the rapeseed harvest […]
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Soybean Prices in Ukraine Continue to Decline Due to Increased Supply from South America
Impact of South American Harvest The completion of soybean harvests in Brazil and Argentina, along with increased exports, continues to limit export demand for soybeans in Ukraine and the USA. […]
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Revolutionary Soybean Variety – NRC 197
The agricultural sector is poised for a breakthrough with the development of a new soybean variety, NRC 197, by scientists in Indore. This advancement promises significant benefits for farmers, especially […]
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Impact of Chicago Price Drop on Soybean Prices in Brazil
Soybean Contracts Fall on CBOT Soybean contracts for July delivery fell by 18.75 cents or 1.59% to $11.39 3/4 per bushel. Stable to Lower Prices in Brazil Soybean prices remained […]
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Prices for Palm and Soybean Oils Decrease While Sunflower Oil Prices Continue to Rise
Palm Oil Prices Decline Amid Increased Production The global market for vegetable oils is seeing a significant shift, with a rise in the supply of palm and soybean oils restraining […]
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Soybean Prices Drop in Maharashtra: Farmers Struggle as Soybean Prices Fall Below MSP
Current Market Conditions Soybean prices in Maharashtra have fallen significantly, creating a challenging situation for farmers. While onion prices are rising rapidly in the state, soybean prices have decreased drastically. […]
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South America Expands Soybean Production and Export Dominance
Brazil, Argentina and Paraguay will produce just over 217 million tons of soybeans in the 2023/24 harvest. Together, the countries will add 22.55 million tons (11.6%) to global production, increasing […]
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UGA Lowers 2024 Crop Estimate of Grains and Oilseeds
Lower Harvest Projection The Ukrainian Grain Association (UGA) has revised its forecast for the 2024 harvest, lowering it by 1.5 million metric tons (MMT) to a total of 74.6 MMT […]
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Soybean Prices Rise in May Amid Uncertainties in Brazil
Impact of Currency Exchange Rates In May, the exchange rate had a positive effect on the Brazilian soybean market. The commercial dollar appreciated by 0.33%, closing at 5.20R$ -or 0,91€ […]
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