Chicago Board of Trade (CBOT) soybean futures for July delivery fell by 18.50 cents, or 1.48%, to $12.29 1/2 per bushel on Tuesday. This decline, coupled with a weakening dollar, […]
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Category: Soybeans
Soybeans
UZA Experts Lower Forecasts for Ukraine’s Grain and Oil Crop Production
The Ukrainian Grain Association (UZA) has reduced its forecast for the production of grain and oil crops in Ukraine by 1.5 million tons to 74.6 million tons, down from the […]
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Impact of Chicago Market Collapse on Brazilian Soybean Prices
The recent decline in Chicago soybean futures has had a significant impact on soybean prices in Brazil. July grain contracts closed down by 7.00 cents, or 0.56%, at $12.39 1/4 […]
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CONAB Anticipates Brazil’s Soybean Output To Hit 147.7 Million Tons
Production Projections and Revisions The Brazilian National Supply Company (CONAB) has projected soybean production for the 2023-24 marketing season at 147.680 million tonnes. This estimate marks an increase of 1.160 […]
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Record Soybean Meal Exports from the USA Expected
Record-Setting Exports The US is projected to achieve a record level of soybean meal exports in the 2024/25 marketing year (MR). According to estimates from the US MSG, exports are […]
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Are Soybean Prices Rising in Brazil? Check Today’s Price Quotes
Developments in the Brazilian Soybean Market On Wednesday, soybean futures contracts traded on the Chicago Mercantile Exchange closed at lower prices, reflecting mixed developments in the Brazilian soybean market. The […]
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India Boosts Palm and Soybean Oil Imports in April, Sunflower Purchases Decline
Surge in Palm and Soybean Oil Imports In April, India witnessed a significant uptick in imports of palm and soybean oil, as reported by the Association of Oil Producers SEA. […]
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USDA Report Boosts Vegetable Oil Prices Despite Increased Production Forecasts
USDA Forecasts and Market Impact The latest USDA report has stirred up the vegetable oil market, with forecasts indicating a rise in global production and consumption for the 2024/25 marketing […]
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Soybean Prices Surge Despite Increase in Production Forecasts: Market Analysis
USDA Report Highlights Despite the USDA experts raising forecasts for global soybean production and stocks in the 2024/25 fiscal year (FY), soybean prices witnessed a notable surge. The May supply […]
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Argentina Faces Soybean and Corn Harvest Delays Due to Adverse Weather
Impact of Weather on Soybean Yield The Buenos Aires Grain Exchange (BAGE) has issued a warning about the adverse effects of warm and dry weather on soybean yields in Argentina. […]
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