Focus on South America Traders closely monitor weather patterns in South America, particularly in Argentina and Brazil, where conducive conditions promise robust yields for soybeans and corn. Argentina resumes harvesting […]
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Tag: soybeans
USDA Report: Soybean Planting Area in the US to Exceed Expectations in 2024
US Soybean Producers Demonstrate Resilience The latest report released by the United States Department of Agriculture (USDA) on Thursday highlights the steadfastness of North American producers, with implications for Chicago’s […]
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USDA Reports Influence Market Trends: Corn, Soybean, and Barley Planting Intentions Analyzed
Chicago Board of Trade Market News The lack of fresh fundamental market news contributed to the choppiness in the market in the early part of the week. On Thursday, the […]
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China’s Soybean Imports Witness Downtrend in Early 2024
Amidst shifting global trade dynamics, China’s soybean imports witnessed a notable decline in the initial months of 2024. According to data released by the General Administration of Customs on Thursday, […]
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India to Cut Vegetable Oil Imports by 5% in Current Season
In the ongoing agricultural season, India is poised to reduce its import of vegetable oils by 5%, according to projections from the Indian Vegetable Oil Producers’ Association (IVPA). This reduction […]
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Palm Oil Prices Surge in Malaysia, India Shifts Preference to Soybean and Sunflower Oil
Rising Palm Oil Futures Palm oil futures in Malaysia have seen a consecutive two-week surge, driven by forecasts indicating reduced production and inventories in February. However, India’s pivot away from […]
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U.S. Soybean Exports Fell Year on Year
US Soybean Export Inspections Show Mixed Trends According to the latest report from the U.S. Department of Agriculture on export inspections, soybean export inspections surged by 56 percent in the […]
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Conditions for Automatic Licensing of Sunflower Exports Set
Ukrainian Cabinet of Ministers sets conditions for automatic licensing of sunflower exports Following Bulgaria’s agreement to liberalise the licensing regime for sunflower exports, the Cabinet of Ministers of Ukraine has […]
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What Are the Developments in the Soybean Market?
Soybean prices on the decline An active soybean harvest in Brazil and forecasts of favourable rainfall in South America are improving the outlook for soybean and corn crops, putting pressure […]
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Soybeans and Products Tank Pulling Down Corn
After a five-day run of higher closes soybeans finally took a breather closing over 17 cents lower in the March contract. Both soybeans and soybean meal saw profit taking after […]
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