USDA’s Acreage Forecast Indicates Decrease in Corn and Wheat Plantings The U.S. Department of Agriculture (USDA) has unveiled its initial acreage forecast for 2024, revealing anticipated reductions in corn and […]
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Tag: soybean
Weather Dynamics in US and South America Influence Crop Prices
As the agricultural landscape navigates through a mix of heavy rains and drought conditions, traders keep a watchful eye on South America, where weather patterns are shaping the fate of […]
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Chicago Soybeans and Corn Futures Plummet to 3-Year Lows Amid Fund Sell-off
Soybean and corn futures witnessed a sharp decline on the Chicago Stock Exchange, hitting 3-year lows as funds engaged in significant sell-offs. The strengthening dollar, reaching a 3-month high, is […]
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Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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USDA Lowers Brazilian Soybean Crop Forecast by Only 1 Million Tonnes, Despite Market Expectations for More Significant Changes
In a February report, USDA experts slightly lowered their forecasts for world soybean production, consumption and exports, although the market had been expecting more significant reductions. As a result of […]
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Pressure on Soybean and Corn Prices Due to Rainfall Forecasts in Argentina and Brazil
Rain is coming After a long period of dry and hot weather, most of Argentina will experience heavy showers over the weekend and temperatures will return to normal. Another front […]
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Soybean Oil Prices in South America Fall to a 3-Year Low
Under pressure from lower soybean oil prices on the Chicago exchange and demand from buyers, spot prices in South America fell below $800/t or €743/t for the first time since […]
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A Palatable Perspective for Indian Edible Oil Importers As Soybean Output Set To Rise
A Bountiful Outlook for Indian Importers The global stage is set for a substantial growth spurt in soybean production. It will herald an optimistic era for Indian edible oil importers. […]
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Chinese Soybean: Pay Attention to Soybean Dynamics During the Spring Festival
BEIJING: The spot price of soybeans in the new season in the Northeast production area is stable, and the market purchase and sales have gradually become flat. The policies of […]
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