According to Turkish Statistical Institue – TÜİK, grain production of Türkiye in 2023 increased by 9.1% year-on-year to about 42.2 million tons. Compared to the previous year: wheat production increased […]
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Category: Soybeans
Soybeans
Soybean Harvest in Argentina and Brazil Will Exceed 208 Million Tons
In the 2023/24 season, the gross soybean harvest in two key producing countries in Latin America will be 208.5 million tons, according to the forecast of S&P Global Commodity Insights. […]
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EU Farmers to Reduce Cereal and Sunflower Cultivated Areas
According to the European Commission, the structure of sown areas in the European Union will change. EU Farmers will sow more soybeans and legumes, reducing the area under cereals, rapeseed […]
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Soybean Production to Decline in Brazil
Consulting agency Itaú BBA, as a result of a sharp decrease in the soybean harvest forecast in Brazil’s largest agricultural state of Mato Grosso by 20% to 40 million tons, […]
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Understanding the El Nino Waves In The Soybean
The recent Foreign Agricultural Service (FAS) report within the US Department of Agriculture (USDA) has sown seeds of optimism for India’s soybean production. Despite the lingering El Nino threat in […]
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Argentina Significantly Devalues the Peso
Argentina which announced soy dollar scheme to stimulate agri-exports and increase the government’s dollar reserves, will depreciate the peso against the US dollar by more than 50%, to 800 pesos […]
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Soymeal Surges As Global Demand Waves
In a remarkable twist of fate for the soya meal sector, exports have witnessed an impressive surge of 38% during the initial two months of the 2023-24 oil year, commencing […]
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Record Soybean Harvest on the Horizon in Brazil
Farmers in Brazil may harvest about 158.23 million tons of soybeans this season, which is 0.3% above the record level of the previous crop year (157.83 million tons). Such a […]
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USDA Lowered Its Estimate of World Oilseed Production
Analysts of the U.S. Department of Agriculture (USDA) in its December report reduced the estimate of world oilseed production in the season-2023/24 from November 661.46 million tons to 660.99 million […]
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Brazil Can Export a Record Amount of Soybeans and Corn
According to the forecasts of Anec experts, by the end of 2023, Brazil will export record volumes of soybeans and corn, which will be primarily due to high yields of […]
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