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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 ...
Tuesday, May 23, 2023
Brazil overtakes US as China's largest soybean supplier in April
China's imports of soybeans from Brazil exceeded shipments from the US last month due to seasonal factors, YiCai Global reported.
Thursday, April 27, 2023
Record soybean crop in Brazil leads to increased US imports
The US is buying more soybeans from Brazil after a drop in prices there due to abundant local supplies, with two ships carrying a total of 79,150 tonnes of Brazilian product on the way to the US in the coming days, Nasdaq reported.
Thursday, April 27, 2023
Brazilian farmers harvest 92% of 2022/23 soybean planted area
Agribusiness consultancy AgRural said Brazilian farmers have harvested 92% of the soybean area planted for the 2022/23 season as of last Thursday, an increase of six percentage points from the previous week, Nasdaq reported.
Friday, April 21, 2023
Brazil soy premiums fall to historic lows, lower Chinese demand
Analysts and traders say Brazilian soybean port premiums have fallen to historical lows in recent days due to lower Chinese demand, while the country harvests a record crop.
Friday, April 14, 2023
Brazil's soybean harvest reaches record high, corn production up
Brazilian farmers will harvest a record 153.6 million tonnes of soybeans this season, up 2.2 million tonnes from a March forecast as harvesting concludes in the world's largest soybean exporter, Nasdaq reported.
Friday, April 7, 2023
Brazil's 2022/23 soybean crop forecast raised to 155.08 million tonnes
Safras & Mercado, an agribusiness consultancy, has raised its forecast for Brazil's 2022/23 soybean crop to 155.08 million tonnes from 152.43 million tonnes in a previous forecast, Nasdaq reported.
Wednesday, March 15, 2023
Brazil's corn shipments to China decline in February due to focus on soybeans
Brazil's corn shipments to China dropped sharply in February 2023 due to the increased focus on soybean shipments, and the shift in Chinese buyers towards other countries such as the US and Ukraine for their corn supplies, Nasdaq reported.
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