Articles By Eduardo Tinti
Soyoil and soymeal futures on the Chicago Mercantile Exchange (CME) lacked a clear direction immediately after the USDA released its World Agricultural Supply and Demand Estimates (WASDE) report on Friday May 10, which forecast a year-on-year pick-up in US’s soyoil consumption and soymeal exports.
Brazil exported 14.7 million tonnes of soybeans in April, up slightly year on year, while the country’s soymeal shipments remained at a very strong pace, a Fastmarkets analysis of official customs data showed.
Global and US soybean ending stocks are expected to bounce back considerably in the 2024/25 marketing year, underpinned by higher production in the US and Brazil, a Fastmarkets poll with seven traders and analysts showed on Wednesday May 8.
Second corn crop, safrinha, production estimates at Brazil’s largest agricultural-producing state Mato Grosso were upgraded in May due to favorable yield prospects, the state’s agriculture institute IMEA said in its weekly bulletin late on Monday May 6.
Corn-based ethanol production in Brazil’s largest agricultural-producing state, Mato Grosso, increased by 39% year on year to 4.54 billion liters in the 2023/24 season ended in March, the state’s agriculture institute IMEA said in its weekly bulleting late on Monday April 29.
Brazilian grain exporters association Anec increased its soybean export estimates for April for the third consecutive week and...
The prices of soybean products in Mato Grosso, Brazil’s largest agricultural-producing state, firmed over the past week with local biodiesel industries ramping up their demand for soyoil...
Export inspections of US soybeans were down by 3% to 435,256 tonnes in the week to Thursday April 18 from the 446,570 tonnes recorded a week earlier...
Rainfall continued to delay harvest works in Argentina’s core agricultural zone, posing threats to corn and soybean crops but rising soil moisture...
Industries in Mato Grosso, Brazil’s largest agricultural-producing state, crushed the largest volume of soybeans on record for the month of March...
Brazil’s vegoils industry association Abiove updated its estimates for the soybean market on Tuesday April 16 and cut soyoil export figures...
Soyoil stocks in the US stood at 1.851 billion lbs at the end of March, higher than average trade expectations despite below-expected crush volumes...
Welcome rains have benefited second corn crop (safrinha) in drought-affected areas in Brazil, but more are needed through the coming weeks...
Argentina is on track to get the required certifications to export soybean products to the EU and the US by as early as 2025, Gustavo Idígoras, president of Argentine oil industry chamber Ciara-CEC, said during a webinar on Friday April 12.
Argentina is expected to return to historical soybean crush levels of around 36 million tonnes in the 2023-2024 crop year, leaving behind “one of the worst agricultural campaigns” in its history...
Soyoil futures at the Chicago Mercantile Exchange (CME) lacked a clear direction after the US Department of Agriculture released its World Agricultural Supply and Demand Estimates (Wasde) report...
The US Department of Agriculture (USDA) increased US soybean ending stocks above market expectations while keeping South American output figures unchanged...
Brazil’s food agency Conab trimmed its soybean output estimates and cut corn projections in its monthly supply and demand estimates update released on Thursday April 11...
Soymeal premiums have been diverging in South America, with robust crush activity in Brazil contrasting with sluggish farmer sales in Argentina...
Soybean farmer sales in Brazil’s largest agricultural-producing state, Mato Grosso, gathered steam in March, underpinned by higher prices, the state’s agriculture institute IMEA said in its weekly bulleting on Monday April 8.