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Saturday, February 5, 2022
Soybean buyers turn to the US as Brazil's crop affected by adverse weather
Soybean buyers have turned to the US for supply after Brazil expects harvest delays and lower yields due to adverse weather, resulting in rising prices and the threat of worsening food inflation, Bloomberg reported.
Thursday, February 3, 2022
Agri consultancies cut Brazil's soybean crop forecasts
Cogo and Datagro, two agribusiness consultancies, have cut their Brazil 2021/2022 soybean production forecasts, following other private firms that have slashed their projections due to bad weather affecting crop outlook, Reuters reported.
Tuesday, January 25, 2022
China soy imports from the US up, imports from Brazil decline
Data from China's General Administration of Customs showed the country imported more soybean from the US in 2021 compared to the previous year thanks to a trade deal agreed between both countries, but imports from Brazil have declined due t ...
Monday, September 6, 2021
Foreign demand for Brazilian soybean meal picks up once more
The external demand for Brazil's soybean meal has heated up again, leading exports in July to reach the highest volume since 2004.
Wednesday, June 9, 2021
Brazil's soybean exports in June expected to overtake 2020's level
Brazil's June's soybean exports are expected to exceed 2020's level amid strong demand from China, which is likely to pressure US soy exports, sources told S&P Global Platts on June 8.
Wednesday, May 5, 2021
Global grains merchants and Brazilian soy farmers dispute over agreements
Global grains merchants are monitoring Brazilian soy farmers to ensure the farmers deliver promised crops and do not seek a different buyer, as prices for soybeans have doubled since the agreements were made, Reuters reported.
Wednesday, April 21, 2021
China's March soybean imports from the US increases, Brazilian imports plunge
China increased its United States soybean imports by fourfold as delayed cargoes arrive, reaching the highest monthly total since December 2016, while Brazilian soybean imports dropped as shipments from Brazil are delayed due to rains, Reut ...
Wednesday, April 21, 2021
Brazil's ABPA says the US and Ukraine will benefit from soybean and corn tariff waivers
Ricardo Santin, president of Brazilian meat lobby ABPA, said the government's decision to suspend import tariffs for soybean and corn will benefit the United States and Ukraine, as two countries could export corn to Brazil as livestock feed ...
Tuesday, April 20, 2021
Brazil Agriculture Ministry suspends import duties on soy and corn until end-2021
Brazil's Agriculture Ministry has suspended import duties on soy, soybean meal, soybean oil, and corn until the end of this year as the country looks to slow down inflation caused by surging commodities prices globally, Reuters reported.
Monday, April 5, 2021
Bunge's deal to purchase soy plants in Brazil cancelled
Bunge's agreement to purchase two soy plants in Brazil has been cancelled because of a legal battle involving Imcopa, the owner of the plants, Reuters reported.
Monday, March 22, 2021
January and February China's soybean imports from Brazil declined due to shipment delays
China General Administration of Customs said soybean imports from Brazil declined 80% year-on-year in January and February 2021 due to shipment delays caused by rain, Reuters reported.
Friday, March 5, 2021
Bunge Brazil to monitor soybean growers at Cerrado area
The Brazilian unit of Bunge Ltd will be stepping up monitoring efforts on soybean growers in the Cerrado area to make sure they are producing their crops using environmentally responsible methods, Reuters reported.
Friday, February 26, 2021
Soybean crushers in China to lower output due to harvest delays in Brazil
Soybean crushers in China are expected to massively lower output in the coming months because of harvest delays in Brazil, resulting in surging prices and a possible rundown in inventories, Reuters reported.
Monday, February 15, 2021
Soybean harvest delays in Brazil prompt buyers to turn to the US
Soybean harvest delays in Brazil, the biggest soybean producer in the world, are pushing buyers led by China to turn to the United States longer than usual in 2021, according to traders and government data, Reuters reported.
Wednesday, January 20, 2021
Brazilian soy companies commit to zero deforestation
Brazilian soy traders CJ Selecta, Caramuru, and Imcopa have committed to a zero deforestation policy in their supply chains, putting the pressure on major commodity traders to fast-track their environmental commitments, Reuters reported.
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