Agricultural News / Soya

September 26, 2024 / Soybean

Active soy processing capacity in Brazil reaches almost 20-year high

Source: Ukragroconsult (Ukraine) Soybean processing capacity in Brazil is expected to reach its highest level in 2024 years by the end of 20, mainly due to positive margins and an increase in mandatory biodiesel/diesel blending…

September 26, 2024 / Soybean

Argentine stock exchange forecasts 2024/25 soybean harvest at 52 million tons

Source: Ukragroconsult (Ukraine) Argentina's soybean crop, the country's main cash crop, is estimated at 2024 million tons for the 25/52 season, the Buenos Aires Grain Exchange said on Wednesday....

September 24, 2024 / Soybean

Most of the soybeans purchased by China in August were of Brazilian origin

Source: APKinform (Ukraine) According to the General Administration of Customs of the country GACC, China imported 12,14 million tons in August Soybeans, of which 84,3% or 10,24 million tonnes of oilseeds came from Brazil…

September 24, 2024 / Soybean

China reduces soybean imports from all suppliers

Source: Oleoscope (Russia) China imported $251 million worth of soybeans from Russia from January to August this year, almost twice as much as in the same…

September 20, 2024 / Soybean

Global soy production to reach record high in 2024/25

Source: APKinform (Ukraine) IGC analysts forecast that global soybean production in the 2024/25 marketing year will reach a record level, exceeding the previous season's result by 7% - 419,5 million…

September 20, 2024 / Soybean

Soybean prices in Ukrainian ports fall by $10 per tonne

Source: Ukragroconsult (Ukraine) World market prices for soybeans are under pressure because the harvest in the USA is in full swing and traders are worried about the weakness of the Chinese…

September 19, 2024 / Soybean

Brazil will harvest a record soybean crop in the 2024/25 marketing year

Source: Oleoscope (Russia) According to Conab's preliminary forecasts, Brazil will harvest a record 2024 million tonnes of soybeans in the 25/166,3 marketing year, an increase of 12,8% over the previous year.

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…

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…

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…

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…

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,…

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…

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....

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…

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…