Monthly Export Overview In July, Ukraine saw a 1.5% increase in its export of agricultural products, reaching a total of 5.4 million tons. This slight rise comes despite varying changes […]
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Tag: soybean
Favorable Weather Conditions Lead to Lowest US Soybean Prices Since 2020
Positive Weather Impact on US Soybean Crop The weather in the United States has been favorable for soybean crop development, contributing to the lowest soybean prices since the end of […]
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EU Rapeseed Harvest Forecast Cut Again Amid Falling Prices
Strategie Grains Lowers Rapeseed Forecast Strategie Grains has once again lowered its forecast for the EU rapeseed harvest in 2024. The latest estimate has been reduced from 17.8 million tons […]
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UFOP: Record Global Soybean Harvest Expected in 2024/2025 Season
Optimistic Outlook for Global Supply The United States Department of Agriculture (USDA) recently adjusted its forecast for global soybean supply slightly downward. Despite this revision, the Union for the Promotion […]
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Brazil’s Soybean Meal Exports Set to Hit Record
Record-Breaking Export Forecast In July, Brazil’s soybean meal exports are forecasted to reach 2.4 million tons, an increase from the previously expected 2.23 million tons. If this target is met, […]
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Soybean and Palm Oil Futures Remain Steady Amid Global Market Dynamics
Mixed Market Reactions Despite Increased Exports Soybean and palm oil futures traded relatively flat over the past week, despite data indicating increased exports from Malaysia and a drop in canola […]
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Global Soybean Meal Production to Reach 269 Million Tons
Record Production Forecast Analysts from Oil World in Germany have raised their forecast for global soybean meal production for the 2024/25 marketing year (MY) to a record 269 million tons. […]
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Abundance of Soybeans in China Threatens US Exports Amid Low Demand
Excess Supply Limiting China’s Import Appetite The abundance of soybeans in China poses a significant threat to US soybean exports, particularly during the peak marketing period between September and December. […]
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Ukrainian Farmers Exceed Last Year’s Harvest Pace Despite Lower Average Yields
Harvest Progress and Crop Yields Ukrainian farmers are actively harvesting, with the pace surpassing last year’s efforts. As of July 20, 2023, 15.7 million tons of grain and oil crops […]
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Increase in Paddy, Arhar, and Corn Sowing in India’s Kharif Season
Kharif Sowing Gains Momentum with Improved Monsoon The early gain in sowing under kharif crops has narrowed to less than 4% from over 10% a week ago as the main […]
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