September 19, 2024 / Soybean
Brazil will harvest a record soybean crop in the 2024/25 marketing year
Source: Oleoscope (Russia) According to preliminary forecasts by Conab, Brazil will have a record harvest of 2024 million tonnes in the 25/166,3 marketing year Soybeans which represents an increase of 12,8% compared to…
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September 17, 2024 / Soybean
The UkrainUS soybeans are so cheap that even the competitor Argentina bought them and is planning a record harvest of soybeans
Source: Oleoscope (Russia) As Bloomberg reports, citing data from the US Department of Agriculture, Argentina has purchased 88.400 tons of beans for shipment this season. This move comes at a time when…
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September 17, 2024 / Soybean
Ukraine plans a record harvest of soybeans
Source: Oleoscope (Russia) Ukraine could harvest the largest soybean crop ever in 2024. According to an updated estimate, soybean production in 2024 will be about 5,9-6 million tons…
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September 13, 2024 / Soybean
US soybean meal exports reach 10-year high
Source: Oleoscope (Russia) The US Department of Agriculture (USDA) expects in a new report that exports of soybean meal from the USA in the 2024/25 financial year due to a record harvest, a record value of…
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September 11, 2024 / Soybean
India expects record soybean harvest
Source: Oleoscope (Russia) India expects a record soybean crop in the 2024-25 marketing year due to favourable monsoon and normal weather conditions, according to the USDA Foreign Agricultural Service…
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September 10, 2024 / Soybean
Soybean price in Ukraine rises by 10 dollars per tonne in all sales directions
Source: Oleoscope (Russia) Soybean prices in Ukraine increased by an average of 10 USD/ton for all destinations. Buyers offered 380-385 USD/ton for GMO soy with delivery to seaports,…
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August 21, 2024 / Soybean
EU increases imports of Ukrainian and Canadian soybeans at the start of the season
Source: Oleoscope (Russia) According to the European Commission, EU countries imported 2024 million tonnes of soybeans in the first six weeks of the 25/1,2 marketing year, which is 20% less than…
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August 20, 2024 / Soybean
Ukraine expects a record harvest of 5,7 million tons of soybeans
Source: Oleoscope (Russia) The Ukrainian industrial agency ASAP Agri has raised its forecast for the Ukrainian soybean harvest in 2024 to a historic high of 5,7 million tons despite the drought....
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August 13, 2024 / Soybean
USDA raises forecast for soybean crop in Ukraine to record 6,8 million tons
Source: Ukragroconsult (Ukraine) In the August WASDE, the forecast for the soybean harvest in Ukraine was raised by 1,3 million tons to a record 6,8 million tons. This…
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August 13, 2024 / Soybean
Brazil's soybean harvest in the 2024/25 marketing year could reach 165 million tons
Source: Oleoscope (Russia) According to forecasts by the consulting firm Stone X, Brazil could harvest a record 2024 million tonnes of soybeans in the 25/165 marketing year, which, despite difficult weather conditions, will be significantly higher than the harvest…
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August 9, 2024 / Soybean
Protests in Argentina have brought soy processing to a standstill in all plants in the country
Source: Oleoscope (Russia) As Reuters reports, a union in Argentina has started a strike over wage disputes, which has temporarily paralyzed operations at all soybean oil plants. The impact of the strike threatens…
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August 8, 2024 / Soybean
Brazil's soybean harvest could reach a record high in the 2024/25 marketing year
Source: APKinform (Ukraine) Brazil could harvest a record 2024 million tonnes of soybeans in the 25/165 marketing year, after harvesting 2023 million tonnes in the 24/149 season under difficult weather conditions, according to…
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August 8, 2024 / Soybean
Export prices for soybeans in Ukraine rise despite falling stock market prices
Source: Ukragroconsult (Ukraine) In Ukraine, high rapeseed prices and lower harvest forecasts for soybeans and sunflowers as a result of heat waves in the south and east are keeping the starting prices for soybeans high. Export purchase prices…
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August 8, 2024 / Soybean
US farmers hold record soybean stocks amid 4-year low prices
Source: Oleoscope (Russia) Soybean prices are currently at their lowest level in four years, primarily due to favorable weather conditions in the Midwest of the USA,…
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August 7, 2024 / Soybean
China’s soybean processing volume reaches 9 million tons in August
Source: Oleoscope (Russia) China's National Grain and Oil Information Center reported that soybean stocks at domestic oil mills have continued to rise since June, exceeding 7 million tons at the end of July....
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In the USA Harvest conditions for corn and soybeans are significantly better than last year
Source: Ukragroconsult (Ukraine) The state of maize crops in the USA has deteriorated slightly in the past week, which is in line with market participants' expectations. The share of corn sowings in excellent…
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