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Weather and Pests Impact Argentine Corn and Soy Forecast
The Buenos Aires Grain Exchange recently revised Argentina's 2023–24 corn production forecast downward to 46.5 million tons, down from a previous estimate of 49.5...
Paraguay Nears Record Soybean Harvest Amid Transportation Hurdles
Paraguay is on track to record a soybean harvest of 10.4 million tons, despite significant transportation challenges.
The country, ranked as the third-largest soybean exporter...
Brazilian Soy and Corn Exports in March 2024: Significant Yet Declining
In March 2024, Brazil's soy and corn exports totaled 14.8 million tons, down 14.6% yet still the second-highest March on record.
The Farming Ministry MAPA...
Bolivia’s Historic Drought Decimates Soybean Harvest
In Bolivia, a severe drought, the harshest in thirty years, has drastically reduced the country's soybean yields.
This season's production plummeted by 800,000 tons from...
Soybean Prices Dip in Brazil; Market Updates
The Brazilian soybean market experienced stable to lower prices on Monday. Throughout the day, market volatility was noticeable.
Safras Consultancy reported significant trading volumes, with...
Surge in Brazil’s Soy and Biodiesel GDP Amidst Real Income Decline
In 2023, the soy and biodiesel industry in Brazil witnessed a robust 21% GDP growth, outpacing the prior year's performance.
This upturn spanned the entire...
China’s Share in Brazilian Soybean Exports Remains Above 70%
Brazil's journey with soybean exports is a topic of much debate among experts. The relationship with China stands as a cornerstone for Brazil's economy,...
Oil Now Competes With Soy And Iron Ore as Brazil’s Top Export
Brazil's rise in the global oil market showcases a dynamic shift powered by increased production and geopolitical changes.
Before the pandemic and the Ukraine-Russia conflict...
Soybeans Up, Corn and Wheat Down: USDA Planting Update
The USDA's latest forecasts present a nuanced picture of U.S. agriculture, showing a modest 3% increase in soybean planting for the 2024–25 season, reaching...
Falling Prices, Rising Costs Hit Brazil’s Soybean Industry
In Brazil, a leading producer of soybeans, the upcoming 2023/24 season is poised to present significant challenges for farmers, diverging from the positive trends...
Brazil’s 2024 Soybean Exports to Drop, Says Safras
Safras & Mercado's recent update to Brazil's soybean output forecast has led to minor adjustments in supply and demand perspectives.
In 2024, Brazil might export...
Uruguay Anticipates Near-Record Soy Harvest After Severe Drought
Uruguay is on track for an exceptional soybean harvest, rebounding strongly from last year's harsh drought.
Rainfall has revived the farms, sparking optimism in the...
Brazil’s Crop Shifts: More Cotton and Wheat, Less Soybean and Corn in 2024
In 2024, Brazil anticipates higher yields of cotton, beans, rice, and wheat, offsetting decreases in soybean, corn, and sorghum production.
According to the IBGE's February...
Global Soy and Corn Supply Tweaked in Latest USDA Insights
The USDA recently updated its figures, slightly reducing Brazil's soybean output to 155 million tons, down from an earlier estimate of 156 million tons.
This...