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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 ...
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 ...
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