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Tuesday, March 5, 2024
Abiove trims Brazil's 2024 soybean output forecast for second time
Abiove, the association representing global grain traders and crushers in Brazil, has revised downward its estimate for Brazil's 2024 soybean production for the second time this month, citing adverse climate conditions, Reuters reported.
Thursday, February 22, 2024
Brazil and Argentina to maintain global soybean market shares
Brazil and Argentina are poised to uphold their positions in the global soybean market this crop year, with Brazil's harvest expected to slightly dip from the previous year's record while Argentina anticipates doubling its soybean productio ...
Thursday, February 22, 2024
Indiana, US soybean alliance seeks buyers in Indonesia in latest trip
The soybean alliance of Indiana, the United States, recently led a 10-person delegation to Indonesia to meet with potential soybean buyers and tour various facilities in the country.
Tuesday, February 20, 2024
Severe heat expected to induce 10% loss of planted area for second crop soybeans in Argentina
Approximately 10% of the planted area for second crop soybeans in Argentina will be lost in the country's core area due to a sustained heat wave, the Rosario Stock Exchange said early this month.
Monday, February 19, 2024
Egypt to boost corn, soybean production
Egypt's Prime Minister, Mostafa Madbouly, convened a meeting with key officials, including Elsayed ElKosayer, the country's Minister of Agriculture and Land Reclamation, to address the country's fodder availability through increased corn an ...
Wednesday, February 14, 2024
Missouri, US soybean yields aim to surpass national averages
Missouri, US soybean yields have the potential to match or even exceed national averages, according to University of Missouri Extension state soybean specialist Andre Reis, highlighting opportunities for growers to enhance productivity and ...
Friday, February 9, 2024
CP Foods praises Thai government for allowing soybean meal imports
The head of feed business at Charoen Pokphand Foods Public Company Limited (CP Foods), Rewat Hathaisattayapong, recently extended his appreciation to the government of Thailand and all stakeholders for their strategic approach in addressing ...
Thursday, February 8, 2024
Germany's soybean meal exports rose by 8% in July-November 2023
Germany's export of both rapeseed and soybean meal rose sharply in July-November 2023, compared to the previous year.
Wednesday, February 7, 2024
US wheat, corn, soybeans fall amid dollar strength and weak global demand
Chicago Board of Trade wheat, corn, and soybeans experienced declines, with soybeans reaching 24-month lows, influenced by a strong dollar and sluggish global import demand, dampening market sentiment, Nasdaq reported.
Wednesday, February 7, 2024
Total US soy exports add US$39.8 billion to US economy in marketing year 2022/23
US soy complex exports (whole soybean, soybean meal and soybean oil) added US$39.8 billion to the United States' economy in marketing year (MY) 2022/23 on a volume of 67.6 million metric tonnes (MMT), the United Soybean Board (USB) announce ...
Tuesday, February 6, 2024
China Soymeal: Prices plunge17% entering 2024 (week ended Feb 5, 2024)
Over the week, the closing price of CBOT March soy futures slid 1.7%. Since mid-November 2023, soy prices have tumbled 17%.
Thursday, February 1, 2024
Chicago soybean futures hit two-year low amid supply glut, China demand concerns
Chicago soybean futures experienced a significant downturn, plunging to a two-year low below US$12 a bushel due to improved supply expectations from South America and growing concerns about demand from China, Nasdaq reported.
Wednesday, January 31, 2024
Brazil's soybean harvest reaches 11%
Brazil's soybean harvest for the 2023/24 season has reached 11% of the planted area, marking a 5-percentage-point increase from the previous week, and surpassing the 5% recorded at the same time in the previous year, according to agribusine ...
Monday, January 29, 2024
China achieves record soybean output
China has reported a historic soybean output of 20.84 million tonnes in 2023, marking a significant milestone, as revealed by the country's Ministry of Agriculture and Rural Affairs, Xinhua reported.
Friday, January 26, 2024
China expands arable land for soybean cultivation to boost food security
In a significant move toward enhancing food security and reducing reliance on global grain imports, China announced substantial progress in expanding the cultivation of arable land for soybeans and oil crops, including rapeseed, China Daily ...
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