USDA Report Overview In its latest World Agricultural Supply and Demand Estimates (WASDE) report for April, the United States Department of Agriculture (USDA) surprised the market by maintaining its forecast […]
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Category: Soybeans
Soybeans
Increase in Soymeal Exports: India Marks a 14% Increase During the First Half of the 2023-24 Oil Year
Straight Forward Growth in Soymeal Exports India has reported a 14% increase in soymeal exports, reaching 1.34 million tonnes during the October to March period of the 2023-24 oil year. […]
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Insights and Updates from Chicago Board of Trade Market
Chicago Board of Trade Market News On April 12, 2024, the USDA unveiled its latest WASDE report, delivering a mixed bag of updates for the corn market. Here’s a breakdown: […]
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Soybean Bag Prices in Brazil Show a Mixed Outlook
Overview of Soybean Bag Prices in Brazil Yesterday In the Chicago Mercantile Exchange (CBOT) on Wednesday, soybean futures closed lower amid a climate of risk aversion triggered by higher-than-expected US […]
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Spring Sowing-2024: Ukrainian Farmers Have Started Sowing Sunflower and Soybeans
As of April 8, a total of 852.1 thousand hectares of the planned 5.601 million hectares were sown with spring grains and leguminous crops in Ukraine. It is noted that […]
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Soybean Markets Experience Downturn Amidst Global Trade Dynamics
Soybean Demand Slows, Affecting Futures In Singapore, as of April 7th, Chicago soybean futures dipped due to increased Brazilian exports and disappointing U.S. sales. Analysts noted this trend following a […]
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Corn Forecast Adjusted Downward by Buenos Aires Exchange
Increased Incidence of Corn Pests The Buenos Aires Grain Exchange has revised its estimate for corn production in Argentina for the current 2023/24 harvest, lowering it from 54 million to […]
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China’s Soybean Market Outlook for 2024/25: Imports Remain Stable, Domestic Production Declines
Steady Soybean Imports According to the latest projections, China’s soybean imports are expected to remain steady at 103 million tonnes in the 2024/25 period, aligning with the Agriculture Counsellor’s forecast […]
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Soybean Market Update: Current Prices
Market Overview in Brazil While certain regions in Brazil are witnessing robust trading activities, the overall progress remains sluggish. Despite stronger movements observed in states like Mato Grosso do Sul […]
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Federal Reserve’s Stance on Interest Rates, Impact of Baltimore Bridge Collapse on Trade, and Market Dynamics in Corn and Soybeans
Chicago Board of Trade Market News Outlook U.S. Federal Reserve Chair Jerome Powell emphasized the task of reducing inflation is ongoing and the central bank requires more assurance of easing […]
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