The soybean market witnessed contrasting trends at the start of the week, influenced by geopolitical tensions in the Black Sea and dry weather conditions in the Northern Hemisphere. While wheat […]
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Category: Soybeans
Soybeans
Pressure Mounts on Sunflower Oil Prices Amidst Declining Palm and Soybean Oil Prices
The past week witnessed a notable decline in palm oil prices by 9% and soybean oil prices by 3.6%, intensifying pressure on the sunflower oil market. These developments reflect a […]
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USDA Reports Increase in US Soybean Exports Despite Year-On-Year Decline
The latest export sales report from the United States Department of Agriculture (USDA) reveals a notable uptick in net sales of US soybean exports for the week ending April 4. […]
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The Ministry of Agriculture of Ukraine Predicts a 10% Decrease in the Harvest in 2024
According to preliminary estimates, in 2024 the gross production of grain and oil crops in Ukraine will be about 74 million tons. Of these, about 52.4 million tons of grain […]
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Sluggish US Soybean Export Sales Amid South American Harvest Surge
As the South American soybean harvest picks up momentum, export sales of US soybeans have experienced a seasonal slowdown. Data from the week ending on March 28 reveals a notable […]
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Soybean Market Analysis: Brazil Sees Rising Prices, while Chicago Faces Decline
Brazilian Soybean Market In recent discussions on Monday, the Brazilian soybean market demonstrated stability and a stronger performance. According to Safras Consultoria, amidst the rising dollar and the declining Chicago […]
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USDA Leaves Brazil’s Soybean Crop Forecast Unchanged, Exerting Pressure on Prices
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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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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