Soy – Latest news

Soybeans
November 6, 2024

Export demand and prices for soybeans in Ukraine rise again

Source: Ukragroconsult (Ukraine) After a strong start at the beginning of the season, export demand for soybeans in Ukraine fell at the end of October as the supply of cheap…
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Soybeans
November 5, 2024

The corn and soybean harvest is almost complete in the USA

Source: APKinform (Ukraine) According to the US Department of Agriculture’s National Agricultural Statistics Service (NASS), 91% of corn and 94% of soybean acres had been harvested by November 3. This…
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Soybeans
October 24, 2024

Brazil’s soybean exports fall by 21.5 percent in October

Source: Oleoscope (Russia) According to Brazil’s SECEX, Brazilian soybean exports have continued to decline since October, which could indicate that Brazil’s soybean export supply is starting to shrink after months…
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Soybeans
October 23, 2024

China has halved its soy purchases in Russia in 9 months

Source: Oleoscope (Russia) From January to September of this year, China imported soybeans worth 262.5 million dollars from the Russian Federation. This is twice as much as in the same…
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Chinese flag
October 21, 2024

China approves new list of genetically modified corn and soybean varieties

Source: Ukragroconsult (Ukraine) The Chinese Ministry of Agriculture and Rural Affairs (MARA) recently published a list of 30 GMO plant varieties that have been finally approved for cultivation, including 27…
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Soybeans
October 16, 2024

Brazil’s soybean harvest estimated at 166 million tons

Source: Ukragroconsult (Ukraine) The Brazilian agricultural authority (CONAB) estimates the soybean harvest for the current season at 166.05 million tons, which is 12.7% more than last season. It found that…
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Soybeans
September 26, 2024

Active soybean 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 20 years by the end of 2024, mainly due to positive margins and an…
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Soy
September 26, 2024

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

Source: Ukragroconsult (Ukraine) Argentina’s soybean harvest, the country’s most important cash crop, is estimated at 52 million tons for the 2024/25 season, the Buenos Aires Grain Exchange announced on Wednesday….
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Soybeans
September 24, 2024

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

Source: APKinform (Ukraine) According to the country’s General Administration of Customs (GACC), China imported 12.14 million tons of soybeans in August, of which 84.3% or 10.24 million tons of oilseeds…
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Soybeans
September 24, 2024

China reduces soybean imports from all suppliers

Source: Oleoscope (Russia) China imported 251 million dollars worth of soybeans from Russia from January to August this year, almost twice as much as in the same period last year…
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Soybeans
September 20, 2024

Global soybean production reaches a record high in the 2024/25 marketing year

Source: APKinform (Ukraine) IGC analysts forecast that global soybean production will reach a record level in the 2024/25 marketing year and exceed the previous season’s result by 7% – 419.5…
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Soy
September 20, 2024

Soybean prices in Ukrainian ports fall by USD 10 per tonne

Source: Ukragroconsult (Ukraine) World soybean prices are under pressure as the US harvest is in full swing and traders are concerned about the weakness of the Chinese economy, which is…
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Soybeans
September 19, 2024

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 166.3 million tons of soybeans in the 2024/25 marketing year, an increase of 12.8% compared to the…
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Soybeans
September 17, 2024

US soybeans are so cheap that even the competitor Argentina bought them

Source: Oleoscope (Russia) Bloomberg reports, citing data from the US Department of Agriculture, that Argentina has purchased 88,400 tons of beans for shipment this season. This move comes at a…
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Soy
September 17, 2024

Ukraine plans a record soybean harvest

Source: Oleoscope (Russia) Ukraine could harvest its largest soybean crop ever in 2024. According to an updated estimate, soybean production in 2024 will be around 5.9-6 million tons (+9% compared…
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Soybeans
September 13, 2024

US soybean meal exports reach 10-year high

Source: Oleoscope (Russia) In a new report, the US Department of Agriculture (USDA) predicts that exports of soybean meal from the US will reach a record high of almost 16…
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