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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Tag: soybean
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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Impact of Chicago’s Decline on Soybean Prices in Brazil
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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Ukrainian Experts Predict a Decrease in the Production of Grains and Oilseeds
The Ukrainian Grain Association (UGA) has reduced its estimate of the potential harvest of grain and oilseeds in Ukraine this year. On May 27, the Ukrainian Grain Association press service […]
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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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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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