Tag: soybean
soybeanAs world food-prices soar World Bank says it is ready to help countries
The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years.
US worst drought since 1956 sends soybeans and corn skyrocketing
The commodities soy and corn’s prizes sky rocked on Thursday thanks to the severe drought that has been punishing the United States heartland. Soy and corn were being sold at record high of 638.89 dollars/ton and 320.26 dollars/ton respectively.
Argentine 2011/12 soy harvest 20% lower than previous year because of dry-spell
Argentina's 2011/12 soy harvest has come at an expected 39.9 million tons, but 20% lower than the previous year's crop after a Pampas dry spell dashed early-season hopes of bumper crop, the Buenos Aires Grains Exchange said on Thursday.
OECD/FAO anticipate promising future for farm-commodity prices
World farm commodity prices will edge higher in the next decade, and oilseeds are set to outperform wheat and other cereals, both trends fuelled by demand in emerging economies, the OECD said on Wednesday, presenting a joint report with the UN's food agency FAO.
Paraguay's Destructive Soy Boom
By Jeremy Hobbs - The following column was published in The New York Times Opinion page.
It gives another side of the current situation in Paraguay, and the role the landlocked country plays as a leading exporter of the oilseed.
Brazil farmers rush to cash soy exports on high prices and favourable exchange rate
Brazil could soon run out of soybeans to export this year after farmers’ frontloaded their shipments more than normal to cash in on high international prices and a favourable exchange rate.
World corn glut as Matto Grosso in Brazil doubles crop over last year
Corn fell in Chicago on concern a record harvest in Brazil’s Mato Grosso state may add to a supply glut and on speculation slowing US economic growth will cut demand for grain used to make ethanol.
Drought hit Argentina soy beans and corn crops really hard
Argentina's biggest grains exchange trimmed its forecast for 2011/12 soy output this week to 40.5 million tons, down from May's estimate of 40.9 million tons as harvesting enters the home stretch.
Major GM soy legal feud between Monsanto and five million Brazilian farmers
Illegally smuggled into Brazil 14 years ago, transgenic soy has proved a boon to domestic farmers and now accounts for 85 percent of total production. But five million Brazilian farmers are now locked in a legal feud with US biotech giant Monsanto, the GM soy seed manufacturer, and are refusing to pay crop royalties.
Soybeans becomes Uruguay’s main export item, estimated at 1.1bn in 2012
Soybeans are set to establish several records this year in Uruguay: exports will be above one billion dollars; for the first time the oilseed will be the leading export item of the country displacing beef and prospects for the next season are that over a million hectares will be planted.
