Analysts of Strategie Grains lowered the forecast of oilseeds harvest in the EU in 2023/24 MY due to the long-term unfavorable dry weather conditions, which negatively affect the yield. In […]
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Category: Soybeans
Soybeans
Oilseeds Continued to Be Under Pressure – Brazil Harvest Estimate Depresses Prices
On the CBoT, soybeans fell sharply, with the expiring August term 23, in particular, losing ground by 45.25 ct. The subsequent September contract lost 20.50 ct to 1,433 ct/bu (0.47 […]
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Record Export of Soybeans by Brazil is Expected
Brazil could export a record 99 million tonnes of soybeans to foreign markets in 2024, 4% higher than the 95 million tonnes expected this year according to the forecast released […]
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Oilseeds: Little Trade Drives Prices Down
In Chicago yesterday, the oilseeds gave way. Soybean oil seems to be the driving force at the moment and gave way yesterday after markups in the first half of the […]
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China Increased Weekly Soybean Processing Volume
China increased weekly soybean processing volume by about 2.2 million tons from July 15-21, up 5% from the previous reporting period and 32% above the same dates last year according […]
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Rainfall Is Weighing on U.S. Soybean Market
Further rainfall is forecast in the USA and Canada The prospect of rainfall in the U.S. Midwest over the next two weeks weighed on the U.S. soybean market. For yield […]
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Record Soybean Harvest Is Expected in Brazil
Farmers in Brazil can harvest 156 million tons of soybeans in the season-2022/23 – this will be a new record for the country. This forecast was announced by analysts of […]
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Soybean Market Woes: Prices Plummet Below $0,73 Per kg
Despite Maharashtra’s position as a soybean production powerhouse, farmers are grappling with a price fall rollercoaster this year. The soybean market price has taken a significant dip, hitting rock bottom […]
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Brazil’s Soybean Attracting Chinese Buyers
China imported 9.53 million tons of soybeans from Brazil in June 2023, up 31.6 percent from 7.24 million tons a year earlier, according to data released by Chinese customs on […]
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EU Reduced Soybean Processing by 14% In June
According to the estimates of Fediol industrial association, in June, the EU soybean processing is estimated at 1.11 mln tonnes, down 14% compared to the previous month (1.28 mln tonnes) […]
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