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Argentina Reports Strong Soybean Crop Development
In Argentina, eight out of every ten soybean hectares are currently experiencing "normal to excellent" growth conditions, according to a recent report by the...
Weekly U.S. Soy, Corn, and Wheat Shipments Meet Market Expectations
The United States Department of Agriculture (USDA) has recently shared its weekly shipment data. The figures for soybeans, corn, and wheat closely match market...
China Doubles Down on Brazilian Soybeans in Early 2024
In the early months of 2024, Brazil's soybean exports to China will have nearly doubled from the previous year.
Despite a lack of new large-volume...
Brazil’s Soy Exports Set New Records in Volume and Revenue
In 2023, Brazil's soy exports surged by 24.7%, totaling 126.818 million tons, as reported by Datagro Grains.
This growth encompassed soybeans, meal, and oil, with...
Brazil Set to Triple Soybean Exports in February Compared to January
According to the National Association of Cereal Exporters (Anec), Brazil plans to export 7.3 million tons of soybeans in February.
The association reported that this...
Brazil to Dominate 60% of Global Soybean Exports in Next Decade
Brazil aims to increase its soybean exports by 31.8% over the next decade, targeting 133.2 million metric tons by the 2033–34 season.
Brazil's share of...
Brazil’s Soybean Harvest 2023/24 Progresses
Brazil's soybean harvest for the 2023–24 season has reached 29.4% of the expected total area, according to a recent survey by Safras & Mercado.
This...
Weather and Market Dynamics Impact Soybean and Coffee Prices
On Tuesday, both soybean and coffee prices witnessed declines in major markets, driven by improved weather conditions in South America and a strong US...
Soybean Forecasts 2023/24 Dip in Brazil
Last week, Brazil's 2023/24 soybean crop projections fell below 150 million tons, as reported by Safras & Mercado and Conab.
The USDA's forecast now sits...
Crisis in São Paulo: Soybean Yield Plummets
In the municipality of Paranapanema, São Paulo, home to over 400 soybean producers, the community faces a severe crop shortfall.
The Rural Union predicts a...
Brazil Further Cuts Soy Forecast Due to Weather
Weather issues have led the Brazilian Association of Vegetable Oil Industries (Abiove) to cut its soybean yield forecast for 2023–24.
Now, they expect 156.1 million...
Adjusting to a Shift: China and Brazil’s Soybean Dynamics
China's soybean industry faces a downturn in crushing margins, affecting pork production profits and reducing soy meal demand.
This shift has led to decreased interest...
U.S. Turns to Brazilian Soybeans For the First Time Since 2019
In a surprising twist, low-priced Brazilian soybeans have caught the attention of U.S. buyers, including major poultry producer Perdue Farms.
Despite abundant local stocks post-harvest,...
Significant Soybean Yield Reduction in Brazil’s Paraná State
At the beginning of the 2023/2024 growing season, expectations for soybean yields in Paraná were high, with predictions of 21.84 million tons.
However, the state's...