Consulting agency Itaú BBA, as a result of a sharp decrease in the soybean harvest forecast in Brazil’s largest agricultural state of Mato Grosso by 20% to 40 million tons, […]
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Category: Soybeans
Soybeans
Understanding the El Nino Waves In The Soybean
The recent Foreign Agricultural Service (FAS) report within the US Department of Agriculture (USDA) has sown seeds of optimism for India’s soybean production. Despite the lingering El Nino threat in […]
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Argentina Significantly Devalues the Peso
Argentina which announced soy dollar scheme to stimulate agri-exports and increase the government’s dollar reserves, will depreciate the peso against the US dollar by more than 50%, to 800 pesos […]
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Soymeal Surges As Global Demand Waves
In a remarkable twist of fate for the soya meal sector, exports have witnessed an impressive surge of 38% during the initial two months of the 2023-24 oil year, commencing […]
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Record Soybean Harvest on the Horizon in Brazil
Farmers in Brazil may harvest about 158.23 million tons of soybeans this season, which is 0.3% above the record level of the previous crop year (157.83 million tons). Such a […]
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USDA Lowered Its Estimate of World Oilseed Production
Analysts of the U.S. Department of Agriculture (USDA) in its December report reduced the estimate of world oilseed production in the season-2023/24 from November 661.46 million tons to 660.99 million […]
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Brazil Can Export a Record Amount of Soybeans and Corn
According to the forecasts of Anec experts, by the end of 2023, Brazil will export record volumes of soybeans and corn, which will be primarily due to high yields of […]
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United Soybean Board Announces Lucas Lentsch as Incoming CEO
St. Louis (December 6, 2023) — The United Soybean Board (USB) is pleased to announce that Lucas Lentsch will join the organization as its Chief Executive Officer starting January 1, […]
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Soybean Market Crushing Records with Demand Moves
Soybean crushing in India is in full swing, soaring by a robust 21 percent in October within the new oil year 2023-24. The vanguard trade body for the soybean sector […]
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United Soybean Board Announces Call for Nominations for 2024 Tom Oswald Legacy Award
ST. LOUIS (Nov. 27, 2023) — Does an individual, organization, or group come to mind that’s left a lasting mark on the soybean industry and the soy checkoff? United […]
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