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Tuesday, November 14, 2023
China's COFCO in agreement to obtain soybeans from areas with sustainable production in Brazil
China's state-run food group COFCO International and Modern Farming Group, which makes milk products, have signed an agreement "to supply and accept soybeans" coming from sustainable areas of production in Brazil.
Friday, October 27, 2023
Brazil's soybean planting faces delays due to increasing dryness
Soybean planting for the 2023/24 season in Brazil has encountered setbacks as farmers grapple with irregular rainfall and increasing dryness in the nation's primary soy-producing regions, Gro Intelligence reported.
Friday, October 20, 2023
Potential increase for Brazil's soybean production, corn to drop in 2023-2024 season
Brazil's soybean production will increase by nearly 5% while its corn production will fall by nearly 10% for the 2023-2024 season, according to CONAB.
Monday, October 16, 2023
Brazil to lead over Argentina as top global soybean meal exporter
Argentina will lose its place as the world's leading exporter of soybean meal and will be overtaken by Brazil for the first time since 1997/98, according to the Rosario Stock Exchange.
Thursday, September 21, 2023
Brazil's September soybean exports surge 36% on year amid strong trade momentum
Data from Brazil's foreign trade department, Secex showed that strong demand from China and competitive pricing have driven Brazil's soybean exports to 3.5 million metric tonnes (MT) from September 1-18, marking a 36% increase compared to t ...
Tuesday, September 19, 2023
US Midwest weather inhibits American soybean output - and to Brazil's benefit
A recent report by LMC International Ltd. shed light on the US soybean sector: the industry's total economic impact on the American economy averaged US$124 billion, including US$85.7 billion from soy production and US$9.8 billion from soybe ...
Tuesday, September 5, 2023
Bayer expected to sow up to 15% of Brazilian soybean area with GM seed in 2023/24
Germany's Bayer has forecast that between 10% to 15% of Brazil's soybean area will be sowed with its genetically modified biotech seed, Intacta2 Xtend, in the 2023/24 season, said Fernando Prudente, who oversees soybeans and cotton for the ...
Tuesday, August 22, 2023
China's soybean imports from US plummet 62% in July, while Brazil surges 32%
China's soybean imports underwent a significant shift in July, as the nation's soybean imports from the US experienced a sharp decline of 62% compared to the previous year, while soybean shipments from Brazil, China's leading soybean suppli ...
Thursday, August 10, 2023
Brazil soybean exports projected at 99 million tonnes in 2024
Brazil's soybean exports are expected to soar to a record-breaking 99 million tonnes in 2024, marking a 4% surge from the current year's estimated 95 million tonnes, Fastmarkets reported.
Tuesday, July 25, 2023
Brazilian supplies and high prices cast doubt on US corn and soybean
As the new marketing year approaches on September 1, US corn and soybean export potential is facing doubt due to abundant Brazilian supplies, high prices, and uncertainties about US crops, Reuters' analyst Karen Braun reported.
Tuesday, July 18, 2023
Study reveals Brazil's soybean farming linked to deforestation
A recent study published in Scientific Reports highlights the link between soybean farming and deforestation in Brazil, revealing that despite efforts to limit environmental impacts, the two remain closely connected, Michigan State Universi ...
Monday, June 26, 2023
Brazilian soybean shipments to China puts pressure on soymeal demand
Traders and analysts said that the influx of Brazilian soybean cargoes into China is having a negative impact on soymeal purchases, which could potentially limit bean buying later in the year, Yahoo! Finance reported.
Thursday, June 22, 2023
Argentina boosts soybean imports from Brazil amid severe drought
Argentina has emerged as the second main destination for Brazilian soybeans in the first five months of 2023, driven by the need to increase imports due to a historic drought that severely impacted its own crop, Nasdaq reported.
Thursday, June 1, 2023
Brazil's soybean exports to the US surge as prices attract importers
Recent shipping data revealed that Brazil is exporting 178,800 tonnes of soybeans to buyers in the US, highlighting the appeal of the South American country's soybean prices even for importers in the second-largest producing nation, Nasdaq ...
Monday, May 29, 2023
Mato Grosso do Sul, Brazil, saw record 15 million tonnes of soybean output in 2022/2023 harvest
Soybean production in the Brazil's Mato Grosso do Sul state reached a historic 15 million tonnes in the 2022/2023 harvest, according to data from the Siga Project bulletin (Sistema de Informação Geográfica do Agronegócio ...
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