The agricultural sector is poised for a breakthrough with the development of a new soybean variety, NRC 197, by scientists in Indore. This advancement promises significant benefits for farmers, especially […]
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Category: Soybeans
Soybeans
Impact of Chicago Price Drop on Soybean Prices in Brazil
Soybean Contracts Fall on CBOT Soybean contracts for July delivery fell by 18.75 cents or 1.59% to $11.39 3/4 per bushel. Stable to Lower Prices in Brazil Soybean prices remained […]
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Prices for Palm and Soybean Oils Decrease While Sunflower Oil Prices Continue to Rise
Palm Oil Prices Decline Amid Increased Production The global market for vegetable oils is seeing a significant shift, with a rise in the supply of palm and soybean oils restraining […]
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Soybean Prices Drop in Maharashtra: Farmers Struggle as Soybean Prices Fall Below MSP
Current Market Conditions Soybean prices in Maharashtra have fallen significantly, creating a challenging situation for farmers. While onion prices are rising rapidly in the state, soybean prices have decreased drastically. […]
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South America Expands Soybean Production and Export Dominance
Brazil, Argentina and Paraguay will produce just over 217 million tons of soybeans in the 2023/24 harvest. Together, the countries will add 22.55 million tons (11.6%) to global production, increasing […]
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UGA Lowers 2024 Crop Estimate of Grains and Oilseeds
Lower Harvest Projection The Ukrainian Grain Association (UGA) has revised its forecast for the 2024 harvest, lowering it by 1.5 million metric tons (MMT) to a total of 74.6 MMT […]
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Soybean Prices Rise in May Amid Uncertainties in Brazil
Impact of Currency Exchange Rates In May, the exchange rate had a positive effect on the Brazilian soybean market. The commercial dollar appreciated by 0.33%, closing at 5.20R$ -or 0,91€ […]
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Soybean Prices Close Lower Ahead of Holiday
Market Dynamics and Futures Trading Soybean Meal Futures Decline Soybean meal futures for July delivery closed down $7.50, or 1.99%, at $369.10 per ton. The Brazilian soybean market recorded minimal […]
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Soybean Prices Break Records in Maharashtra, India
Karanja Mandi Soybean Prices Break 2021 Record High Prices Despite Low MSP in Most Mandis On May 20, Karanja Mandi in Washim district saw soybean prices reach new heights. The […]
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Soybean Prices Fall as South American Harvest Ends and U.S. Planting Accelerates
Soybean prices have taken a hit as the harvest in South America concludes and U.S. planting speeds up. This market shift is influenced by various factors including strong competition and […]
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