Market Update: Despite weaker vegetable oil and crude oil prices, rapeseed prices in Europe remain high. On Wednesday, rapeseed futures at Euronext rose by EUR 4.75 to EUR 495.75/t (EUR… […]
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Tag: soybean
Soybean Market: Strong Export Demand and Brazilian Drought Boost Prices
Price Development Euronext: Soybeans traded at €0.37/kg, supported by continued strong demand from Asia, particularly China. CME: Prices were at €0.36/kg, buoyed by positive U.S. export data and concerns over… […]
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Ukrainian Sunflower Processors Shift to Soybeans Amid Market Instability
Facing moderate supply from farmers and rising sunflower and sunflower oil prices, Ukrainian processing plants are struggling to maintain operations at minimum profit margins. In response, some factories are turning… […]
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Soybean Market Report: Strong Demand Drives Prices Up
Soybean prices on Chicago Mercantile Exchange – CME surged, driven by weather-related delays in Brazil and continued strong demand from China. The November contract for soybeans increased by €0.025/kg, closing… […]
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FAO Vegetable Oil Price Index Reaches Highest Level Since 2023 Amid Global Supply Concerns
The FAO Food Price Index surged to its highest point since 2023, driven by rising prices across various agricultural commodities. In September 2024, the index saw a 3% increase, reaching […]
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Ukraine’s Rapeseed Exports Near 2 Million Tons as Oil Exports Continue to Surge
Ukraine has seen a significant rise in rapeseed exports this season, nearing the 2 million ton mark. According to a report from the Ukroliyaprom Association, the country’s rapeseed and oil… […]
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Soybean Prices Surge in Ukraine as Harvest Challenges Persist
At the end of September, soybean prices in Ukraine saw a sharp increase after a brief period of decline earlier in the month. As the harvest season progresses, factors such… […]
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Soybeans Under Pressure – High Stocks Weigh on US Market
The US soybean market is under pressure due to high stock levels. The USDA reported stocks of 342 million bushels as of September 1st, an increase of 78 million bushels… […]
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Ukraine’s Late Crop Harvest Accelerates Amid High Export Demand
Thanks to favorable dry weather, Ukraine’s harvest of late crops is progressing rapidly, with export rates up by 20% compared to last year. The combination of increased harvest volumes and… […]
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Sharp Drop in Soybean Stocks Expected in Indore, India
Soybean Surplus Set to Decline by Over 50% The Soybean Processors Association of India (SOPA) has projected a significant reduction in soybean surplus stock. At the beginning of the 2023-24… […]
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