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Jan 16, 2025 | 
agricensus.com | Marcela Caetano
Net sales of US soybean rose to 569,100 tonnes during the week to January 9, up by 97% from 288,700 tonnes a week earlier, but 27% lower than the previous four-week average, and within market estimates, US Department of Agriculture (USDA) data showed on Thursday January 16.
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Jan 14, 2025 | 
agricensus.com | Marcela Caetano
Brazilian food agency Conab has marginally increased its projection for the country’s 2024/25 soybean output to 166.3 million tonnes, while slightly reducing its estimate for the country’s total corn crop to 119.5 million tonnes, its monthly report showed on Tuesday January 14.
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Jan 14, 2025 | 
agricensus.com | Marcela Caetano
The Argentine Oilseed Crushers Union (SOEA) decided to maintain a strike at Argentina’s soybean crusher Vicentin started on Saturday January 11, as workers accepted the payment of the agreed-upon bonus and rejected an agreement offer. Workers from the biodiesel company Explora joined the strike because they also did not receive the annual bonus.
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Jan 9, 2025 | 
agricensus.com | Marcela Caetano
The lack of rain has caused water stress in a significant portion of soybean crops, hindering the end of sowing in the Brazilian state of Rio Grande do Sul, state agency Emater/RS said in its weekly report released on Thursday January 9.
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Jan 9, 2025 | 
agricensus.com | Marcela Caetano
Soil moisture conditions continued to decline in soybean, corn and sunflower crops in the week ended January 8, although the majority of the crops remained under optimal to adequate conditions, according to the Buenos Aires Grains Exchange (BAGE) report released on Thursday January 9.
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Jan 9, 2025 | 
agricensus.com | Marcela Caetano
Soybean harvest has begun in Brazil, and market analysts expect soybean bumper crops from South America in 2025, provided that there are no weather-related issues and that potential tariffs on China by the Donald Trump administration do not disrupt exports. The ample supply from Brazil and Argentina may put pressure on prices on the Chicago Mercantile Exchange and at domestic cash markets, sources told Fastmarkets.
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Jan 8, 2025 | 
agricensus.com | Marcela Caetano
Brazilian soybean exports could total as much as 110 million tonnes in 2025, while corn exports could reach 42 million tonnes, as shipments recover from declines in 2024 on larger production volumes, Brazilian grain exporters’ association Anec said in its weekly report on Wednesday January 8.
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Dec 11, 2024 | 
fastmarkets.com | Eduardo Tinti |Leticia Pakulski |Marcela Caetano |Taís Laporta
The EU and Mercosur – the trade bloc that includes Argentina, Brazil, Paraguay and Uruguay – announced on Friday December 6 the end of negotiations for the free-trade agreement between the blocs, but questions still linger about the potential impacts on trade flows of agricultural products.
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Dec 10, 2024 | 
agricensus.com | Marcela Caetano
Farmers in Brazil’s largest agricultural-producing state of Mato Grosso sped up the pace of forward sales of soybeans and corn in November, backed by higher prices, good soybean crop conditions and the need to raise funding to lock in input costs for the second corn crop, Mato Grosso’s agriculture state agency IMEA said late on Monday December 9.
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Dec 10, 2024 | 
agricensus.com | Marcela Caetano
The US Department of Agriculture has kept its US soybean ending stocks estimate unchanged while increasing its global forecast, the World Agricultural Supply and Demand Estimates (WASDE) report showed on Tuesday December 10.
