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, […]
Read more
Category: Soybeans
Soybeans
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. […]
Read more
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. […]
Read more
Ukrainian Farmers Exceed Last Year’s Harvest Pace Despite Lower Average Yields
Harvest Progress and Crop Yields Ukrainian farmers are actively harvesting, with the pace surpassing last year’s efforts. As of July 20, 2023, 15.7 million tons of grain and oil crops […]
Read more
Increase in Paddy, Arhar, and Corn Sowing in India’s Kharif Season
Kharif Sowing Gains Momentum with Improved Monsoon The early gain in sowing under kharif crops has narrowed to less than 4% from over 10% a week ago as the main […]
Read more
Soybean Dominates Maharashtra’s Kharif Sowing with 80% Completion
Maharashtra Leads in Soybean Sowing With favourable monsoon conditions, Kharif crop sowing has accelerated across India, particularly in Maharashtra. The state is witnessing a record high in soybean sowing, with […]
Read more
Egypt Actively Increases Soybean Imports in 2023/24 Marketing Year
Surge in Soybean Imports Since the beginning of the 2023/24 marketing year, Egypt has been actively increasing its soybean imports. Between May and July, the country has significantly ramped up […]
Read more
Ukraine Harvests 9.5 Million Tons of New Crop
Early Grain Crop Harvesting Across All Regions Farmers in Ukraine are actively harvesting early grain crops across all regions. In the Kherson region, the millet harvest has commenced, with 50 […]
Read more
German Plant Breeder Strube Sold to French Company
End of an Era for Strube The traditional breeding company Strube, based at the foot of the Harz Mountains, is now entirely owned by the French. Strube, which has been […]
Read more
Soybean Prices Decline Amid Positive USDA Balance Sheets for 2023/24 and 2024/25
Stable Oilseed Market Despite Global Shifts The USDA’s July WASDE Supply and Demand Report indicates that the oilseed market, including soybeans, is expected to remain stable. Lower global sunflower production […]
Read more