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, […]
Read more
Tag: soybean
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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. […]
Read more
Egypt’s GASC Sees Shifts in Sunflower and Soybean Oil Prices at Recent Tender
Overview of GASC Tender for Vegetable Oils On May 9, the Egyptian General Authority for Supply Commodities (GASC) conducted an international tender to procure 40,000 tons of vegetable oils, scheduled […]
Read more
Soybean Woes in Maharashtra: Prices Fall Below MSP
Farmer Distress and Market Realities In Maharashtra, the woes of farmers extend beyond onions as soybean prices plummet below the Minimum Support Price (MSP) during the election season. Maharashtra, being […]
Read more