Tag: soybean

• Monday, April 10th 2023 - 12:54 UTC

  More dramatic estimates from Argentine agriculture and soy crop

  

  The Safras & Mercado consultancy revised Argentina's soybeans production estimate for 2022/2023 of some 24.8 million tons, dramatically down from the previous forecast in March of 31.4 million tons.

• Wednesday, March 29th 2023 - 10:46 UTC

  Boom year for Brazilian farmers with record soybean crop and drought punishing Argentine production

  

  Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

• Tuesday, March 28th 2023 - 11:11 UTC

  Argentina becoming net importer of soybean to feed its grain processing industry

  

  Argentina’s soybean imports are expected to more than double this season due to the devastating impacts of the historic drought on the country’s 2022/23 harvest, the country’s Rosario grains exchange said in a report.

• Wednesday, January 18th 2023 - 10:40 UTC

  Paraguay trade deficit reached US$ 1,3billion in 2022 speared by a 16,1% increase in imports

  

  Mercosur junior member Paraguay ended 2022 with a negative trade balance of US$ 1,288.9 million, as a result of a 16,1% increase in total imports according to the country's Central Bank, BCP.

• Saturday, December 17th 2022 - 07:09 UTC

  Fears of a record breaking global soybean harvest, and insufficient demand

  

  Brazil is on track for a record-high Brazilian soybean harvest in the marketing year 2022-23 (January-December 2023), based on forecasts from commodity consultancies and government-owned institutions. The likely estimate means a looming oversupply expected to remain until at least mid-2023.

• Wednesday, December 14th 2022 - 09:19 UTC

  China takes 52,5 million tons of Brazilian soy in eleven months of 2022

  

  In the eleven months of 2022, China imported 52.464 million tons of soybeans from Brazil, according to data from the latest Foreign Trade Secretariat (Secex), a department of the Ministry of Economy.

• Monday, November 28th 2022 - 10:59 UTC

  Argentine producers want unreined dollars, not “traps”

  

  Argentine rural producers have voiced their rejection of Super Economy Minister Sergio Massa's proposal to create a reload version of the soybean dollar and insisted on the need to leave currency exchange free.

• Wednesday, November 23rd 2022 - 10:20 UTC

  Argentine exports hit historic highs in October

  

  Argentina's Foreign Ministry Tuesday announced that the country's exports had amounted to US$ 7.901 billion in October, thus reaching new historic highs for this month.

• Wednesday, November 9th 2022 - 10:19 UTC

  Slower Chinese demand impacts on Brazilian soybeans sales and beef prices

  

  The Chinese economy is slowing down, the Yuan is weaker against the US dollar and Beijing is insisting with complete lockdowns in many cities because of Covid 19 or respiratory diseases, reducing considerably activity and consumption.

• Monday, September 19th 2022 - 09:05 UTC

  Plenty of fertilizer for Brazilian farmers ahead of 2022/23 soybean-sowing season

  

  Brazilian farmers are preparing for another soybean planting season, the 2022/2023 harvest with the critical component of fertilizers to ensure high productivity and yields, on the tracks.