Tag: soybean

• Monday, October 19th 2020 - 08:27 UTC

  Brazil expects a 2020/21 record harvest with an estimated 268,7 million tons

  

  Brazil expects its 2020-2021 grain harvest to beat the record set by the newly completed season by 4.2%, according to an initial forecast released by the state-owned National Supply Company (Conab).

• Saturday, October 17th 2020 - 08:48 UTC

  Brazil considering temporarily zero tariffs on corn and soybean imports outside Mercosur

  

  The Brazilian government is set to discuss a proposal that would temporarily eliminate tariffs on corn and soy imports from countries outside the Mercosur trade bloc, as recently happened with rice, a staple of the Brazilian diet.

• Friday, October 2nd 2020 - 09:05 UTC

  Argentina lowers export taxes on soy for three months, hoping farmers will sell their crops

  

  Argentina plans to temporarily cut soybean and soy meal export taxes by 3 percentage points to 30% to help stimulate export revenue as the country struggles with recession and dwindling foreign reserves, it was announced on Thursday.

• Friday, September 11th 2020 - 08:36 UTC

  It's official: Brazil's 2019/20 grains and oil harvest was a record 258 million tons

  

  Brazil's 2019-20 grains and oilseeds harvest reached a 258mn t record as total acreage increased and yields performed well, despite some unfavorable weather conditions throughout the year.

• Saturday, August 29th 2020 - 08:30 UTC

  China makes the largest purchases of US corn and soybeans in a month

  

  The US Department of Agriculture (USDA) reported this week that Chinese importers purchased more soybeans from the United States and recorded their largest daily buy of US corn in almost a month. The acquisitions took place as both Washington and Beijing reaffirmed their commitment to the Phase 1 of the bilateral trade agreement.

• Wednesday, August 12th 2020 - 08:27 UTC

  Brazilian commodities exports booming: corn shipments exceed soybean

  

  Data released on Monday by Brazil' Foreign Trade Secretariat (Secex) indicates that corn exports reached 2 million tons in the first week of August and exceeded soybean shipments in this period.

• Saturday, August 8th 2020 - 07:20 UTC

  Brazil estimates record soybean crop of 130,5 million tons in 2021; wheat imports could climb to 7,3 million tons

  

  Brazilian soybean production is expected to increase some five million tons in the 2020/21 harvest to a record 130,5 million tons, according to Daniel Amaral, chief economist of the Brazilian Association of Vegetable Oil Industries (Abiove). Based on this crop oilseed exports could reach 80 million tons in 2021, while domestic crushing could reach a new annual record of 45 million tons.

• Wednesday, August 5th 2020 - 07:48 UTC

  Itaipú dam generates more power to help Paraguayan barges with soybeans reach the River Plate

  

  Just over two months after completing a special outflow to increase the level of the drought-stricken Paraná River, the world largest operational hydroelectric dam, Itaipu, located on the border of Brazil with Paraguay, will increase energy production to help sailing along the huge South American water artery.

• Saturday, August 1st 2020 - 06:27 UTC

  Brazil expects a record soybean harvest of 130 million tons

  

  Brazil’s soybean production in 2020/21 is expected to jump to a record 130 million tons, with good prices driving farmers to increase planting in pasture areas after a drought reduced the harvest in the south of the country in 2019/20.

• Monday, July 27th 2020 - 09:13 UTC

  Brazil soy bean exports to China soar to a record high in June: 10.1 million tons

  

  China's soya bean imports in June from top supplier Brazil soared to a record high, according to customs data released on Sunday, driven by growing demand for soya beans as China's pig herd recovers after deadly outbreaks of African swine fever.