The International Grains Council (IGC) has revised its global grain production forecasts for both the current and upcoming marketing years (MY). Here are the highlights from their latest report: Global […]
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Category: Soybeans
Soybeans
Brazilian Soybean Harvest Progresses, Sales Lag Behind
Navigating Market Dynamics: Insights from Brazil’s Agriculture Sector As of March 7, Brazil has completed soybean harvesting on 55% of the planned areas, slightly surpassing last year’s progress at the […]
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Soybean Market Downturn: Diminished Demand Leads to Price Decline and Crushing Slowdown
Impact of Declining Demand on Processing The soybean industry has been facing a noticeable slowdown in crushing activities, attributed to a dampened demand for soymeal, both domestically and internationally. This […]
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USDA Report: Soybean Production Forecast Cut, Stocks Dip, Prices Surge
Seeds of Change: USDA Alters Soybean Projections In its latest report released in March, the USDA made adjustments to its forecasts for global soybean production, consumption, and stocks. While the […]
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Palm Oil Prices Surge in Malaysia, India Shifts Preference to Soybean and Sunflower Oil
Rising Palm Oil Futures Palm oil futures in Malaysia have seen a consecutive two-week surge, driven by forecasts indicating reduced production and inventories in February. However, India’s pivot away from […]
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Export Competition Keeps Corn, Soy Basis Stable
Basis bids for corn and soybeans destined for export via barge to the U.S. Gulf Coast remained largely unchanged on Thursday, indicating steady demand despite stiff competition from other suppliers. […]
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Palm and Soybean Oil Prices Rise Amidst Oil Market Surge
As oil prices surge, palm and soybean oil prices follow suit despite the lack of fundamental support. A 2.5% increase in oil prices this week bolstered palm oil and soybean […]
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Soybean Market: Prices Continue to Fall in Ukraine
As a result of the decrease in world prices for soybeans, the prices in Ukraine also actively decreased in February. Market participants remember that at the end of January processors […]
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Global Soybean Market Update: A Look at Production and Export Trends
Soybean Production in the Americas The soybean market in the Americas is showing significant trends this year. Buenos Aires reports an outstanding soybean yield, setting a positive tone for the […]
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Favorable Weather Conditions in Key Producers Push Soybean and Corn Prices Down
Recent weather patterns in major agricultural regions such as Brazil, Argentina, and the United States are exerting downward pressure on soybean and corn prices, impacting global markets. United States Over […]
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