September 11, 2024
India expects record soybean harvest
Source: Oleoscope (Russia) India is expecting a bumper soybean crop for the 2024-25 marketing year due to favorable monsoon and normal weather conditions, the USDA Foreign Agricultural Service (FAS) said…
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September 10, 2024
Soybean price in Ukraine rises by 10 dollars per ton in all sales directions
Source: Oleoscope (Russia) Prices for soybeans in Ukraine increased by USD 10/ton on average for all destinations. Buyers offered 380-385 USD/ton for GMO soy with delivery to seaports, Ukrainian industry…
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August 21, 2024
EU increases imports of Ukrainian and Canadian soybeans at the start of the season
Source: Oleoscope (Russia) According to the European Commission, the EU countries imported 1.2 million tons of soybeans in the first six weeks of the 2024/25 marketing year, which is 20%…
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August 20, 2024
Ukraine expects a record harvest of 5.7 million tons of soybeans
Source: Oleoscope (Russia) The Ukrainian industry 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…
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August 13, 2024
USDA raises forecast for soybean harvest in Ukraine to record 6.8 million tons
Source: Ukragroconsult (Ukraine) In the August issue of 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
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 165 million tons of soybeans in the 2024/25 marketing year, which is significantly…
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August 9, 2024
Protests in Argentina have brought soy processing to a standstill in all of the country’s factories
Source: Oleoscope (Russia) As reported by Reuters, a union in Argentina has started a strike over wage disputes that has temporarily paralyzed operations at all soybean oil plants. The impact…
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August 8, 2024
Brazil’s soybean harvest could reach a record high in the 2024/25 marketing year
Source: APKinform (Ukraine) Brazil could harvest a record 165 million tons of soybeans in the 2024/25 marketing year, after 149 million tons were harvested in the 2023/24 season under difficult…
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August 8, 2024
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 due to heat waves in the south and east are keeping soybean starting prices…
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August 8, 2024
US farmers hold record stocks of soybeans amid 4-year low prices
Source: Oleoscope (Russia) Soybean prices are currently at their lowest levels in four years, primarily due to favorable weather conditions in the U.S. Midwest, weak export demand and forecasts for…
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August 7, 2024
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 in domestic oil mills have continued to rise since June, exceeding 7 million tons at the…
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August 6, 2024
In the USA the harvest conditions for corn and soybeans are significantly better than last year
Source: Ukragroconsult (Ukraine) The condition of maize crops in the US deteriorated slightly last week, in line with market participants’ expectations. The proportion of corn seedings in excellent and good…
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August 2, 2024
Soybean futures on the Chicago Mercantile Exchange fell to their lowest level since September 2020
Source: Ukragroconsult (Ukraine) Soybean futures on the Chicago Mercantile Exchange fell to their lowest level since September 2020 on Thursday, according to traders, as favorable weather in the United States…
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July 30, 2024
US soybean prices fall to three-year low as weather forecasts a record harvest
Source: Oleoscope (Russia) Soybean prices fell to a fresh three-year low as rainfall forecasts in drier areas of the U.S. Midwest helped ease concerns about possible crop losses, Bloomberg BNN…
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July 30, 2024
Russia’s soybean harvest will increase by 8 percent and could reach 7.35 million tons
Source: Oleoscope (Russia) According to preliminary data, the area under soybean cultivation will be 4.05 million hectares in 2024, meaning that a record harvest of 7.35 million tons can be…
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July 29, 2024
A record global soybean harvest is expected for the 2024/2025 season
Source: Oleoscope (Russia) In its latest assessment, the US Department of Agriculture has slightly lowered its forecast for the global soybean supply. Despite the correction, a record global harvest is…
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