Impact of Currency Exchange Rates In May, the exchange rate had a positive effect on the Brazilian soybean market. The commercial dollar appreciated by 0.33%, closing at 5.20R$ -or 0,91€ […]
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Tag: soybeans
The Ministry of Agriculture of Ukraine Predicts a 10% Decrease in the Harvest in 2024
According to preliminary estimates, in 2024 the gross production of grain and oil crops in Ukraine will be about 74 million tons. Of these, about 52.4 million tons of grain […]
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Increase in Soymeal Exports: India Marks a 14% Increase During the First Half of the 2023-24 Oil Year
Straight Forward Growth in Soymeal Exports India has reported a 14% increase in soymeal exports, reaching 1.34 million tonnes during the October to March period of the 2023-24 oil year. […]
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Spring Sowing-2024: Ukrainian Farmers Have Started Sowing Sunflower and Soybeans
As of April 8, a total of 852.1 thousand hectares of the planned 5.601 million hectares were sown with spring grains and leguminous crops in Ukraine. It is noted that […]
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Soybean Markets Experience Downturn Amidst Global Trade Dynamics
Soybean Demand Slows, Affecting Futures In Singapore, as of April 7th, Chicago soybean futures dipped due to increased Brazilian exports and disappointing U.S. sales. Analysts noted this trend following a […]
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China’s Soybean Market Outlook for 2024/25: Imports Remain Stable, Domestic Production Declines
Steady Soybean Imports According to the latest projections, China’s soybean imports are expected to remain steady at 103 million tonnes in the 2024/25 period, aligning with the Agriculture Counsellor’s forecast […]
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Favorable Weather Conditions Boost Agricultural Prospects
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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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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