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 ...
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 ...
Wednesday, January 24, 2024
China's soybean imports from Brazil surge in 2023, US market share declines
China saw a surge of 29% in soybean imports from Brazil in 2023, according to customs data, solidifying the South American nation's dominance in the world's largest soybean market and eroding United States market share, European Supermarket ...
Friday, January 12, 2024
Brazil's CONAB adjusts downward soybean and corn production projections
Brazil's National Supply Company (CONAB), the equivalent of the United States Department of Agriculture (USDA), has revised its outlook downwards for soybean and corn production, attributing the month-to-month reductions to adverse weather ...
Tuesday, January 9, 2024
Argentina's bumper soybean crop expected to offset Brazil's decline
Recent forecasts from machine learning-based yield models by Gro Intelligence suggest that Argentina's soybean harvest is poised to counterbalance an anticipated decline in Brazil's production, offering relief to global supply concerns, Gro ...
Thursday, January 4, 2024
StoneX revises down Brazil's soybean crop forecast for 2023/24 amid lack of rain
Agribusiness consultancy StoneX has revised its estimate for Brazil's soybean crop in the 2023/24 season from 161.9 million tonnes to 152.8 million tonnes, citing a lack of rain in crucial agricultural regions, XM reported.
Saturday, December 30, 2023
US soybean exports set for Q1 boost as Brazil faces planting delays
United States soybean exports are anticipated to receive a significant boost in the first quarter of 2024 due to delays in Brazil's planting for the marketing year 2023/24, as industry experts suggest that this delay may support oilseed fut ...
Wednesday, December 13, 2023
Brazil's soybean planting reaches 91%
Brazil's soybean planting for the 2023/24 season has reached 91% of the expected area, according to agribusiness consultancy AgRural, Nasdaq reported.
Monday, December 11, 2023
USDA adjusts Brazil soybean projections amid weather challenges
In its December WASDE report, the United States Department of Agriculture (USDA) revised soybean production forecasts for Brazil due to erratic rainfall and heat stress, Gro Intelligence reported.
Monday, December 11, 2023
US soybean futures dipped on December 8 following USDA's estimate of Brazilian harvest
US soybean futures fell on December 8 after the US Department of Agriculture's (USDA) updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.
Thursday, November 30, 2023
Increase in US Chicago soybean futures as weather inhibits Brazil's yieds
US Chicago soybean futures edged higher on November 29, extending gains from the previous session, as traders assessed the impact of hot and dry weather conditions in Brazil that are reducing yields in the world's top producer.
Tuesday, November 28, 2023
Estimates for Brazil's soybean crop in 2023/24 cut as weather likely to upset output
Agribusiness consultancies Safras & Mercado and hEDGEpoint reduced their estimates for Brazil's 2023/24 soybean crop on November 24, as consensus grows that bad weather will hamper output in the world's largest producer and exporter.
Thursday, November 23, 2023
Brazil's soybean crop faces weather concerns, record harvest still anticipated
Adverse weather conditions in Brazil are causing concerns for the upcoming 2023/24 soybean crop, despite expectations of a record harvest, according to Luciano Souza, Archer-Daniels-Midland Co's Grains director for South America, Yahoo! Fin ...
Wednesday, November 22, 2023
China's soybean imports from Brazil surge 71% in October
China witnessed a substantial 71% surge in soybean imports from Brazil in October compared to the same period last year, fuelled by the allure of more affordable prices resulting from a robust crop in the South American nation, Nasdaq repor ...

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