As the agricultural community closely monitors soybean market trends, recent developments and future projections provide valuable insights for producers and traders alike. From record-breaking exports in Brazil to fluctuating currency […]
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Tag: soybean
Soybean Prices: Mixed Trends in Brazil and Chicago as the Week Begins
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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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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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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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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Corn Forecast Adjusted Downward by Buenos Aires Exchange
Increased Incidence of Corn Pests The Buenos Aires Grain Exchange has revised its estimate for corn production in Argentina for the current 2023/24 harvest, lowering it from 54 million to […]
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Soybean Market Update: Current Prices
Market Overview in Brazil While certain regions in Brazil are witnessing robust trading activities, the overall progress remains sluggish. Despite stronger movements observed in states like Mato Grosso do Sul […]
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