Tag: Soybeans

• Wednesday, December 23rd 2020 - 09:40 UTC

  Weather and ports' strike in Argentina boosting soy and cereals prices

  

  United States soybeans climbed to six-year highs this week as weather and export troubles in Argentina outweighed concerns of a new coronavirus strain hitting Britain. Corn and wheat futures traded near even as soybeans supported the grains complex.

• Thursday, December 10th 2020 - 09:09 UTC

  Argentine oilseed and grains exports stalled with new wage strike

  

  Argentine grains inspectors and oilseeds workers started a new wage strike on Wednesday, organizers said in a joint statement, as stalling contract negotiations threatened to interrupt exports from one of the world's main bread baskets.

• Wednesday, December 9th 2020 - 08:20 UTC

  Brazil imported 748,000 tons of soybeans in eleven months of 2020

  

  Brazil soybean imports during November reached 122,000 tons, 20 times more than in November 2019 (6,000 tons). Purchases cost US$ 49.2 million, compared to the US$ 1.9 million spent a year earlier, as the average value of the ton purchased increased from US $328.8 to US$ 402.4, according to the Brazilian Foreign Trade Secretariat, SECEX.

• Saturday, November 21st 2020 - 08:49 UTC

  US soybeans futures hit a four year high on dry conditions in key South American crop areas

  

  U.S. soybean futures rose for a sixth consecutive session on Friday and hit a four-year high on dry conditions in key South American crop areas and concerns about dwindling U.S. supplies. Corn also gained on strong exports and worries about South American dryness, while wheat ended mixed.

• Wednesday, November 4th 2020 - 08:50 UTC

  US soybeans being loaded in Louisiana for Brazil

  

  A U.S. grain export terminal near Baton Rouge, Louisiana, is loading about 38,000 tons of U.S. soybeans on a bulk cargo vessel for shipment to Brazil, according to Southport Agencies shipping lineup.

• Saturday, October 31st 2020 - 17:21 UTC

  Brazil purchasing soybeans from the United States for the domestic market

  

  Bloomberg has reported that the United States began selling soybeans to Brazil after the Chamber of Foreign Trade (CAMEX) temporarily suspended import tariffs for corn and soybeans. This is a rare event that can be explained because Brazil has taken the lead in the production and export of the oilseed.

• Wednesday, September 23rd 2020 - 08:34 UTC

  Brazil buying Uruguayan soybeans to compensate for lowest stockpiles in decades

  

  With stockpiles of oilseed at their lowest in decades, Brazil's Bunge SA is processing soybeans from Paraguay, and now also from Uruguay, which also plants over a million hectares of the oilseed.

• Thursday, September 17th 2020 - 09:01 UTC

  Brazil's agribusiness exports in August reached US$ 8,9bn: China main client

  

  Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.

• Tuesday, August 4th 2020 - 10:20 UTC

  Ship with Brazilian soybeans arrives in China with several crew members Covid-19 tested positive

  

  According to the Agricensus Agency, a load of Brazilian soy exported to northern China was detained on July 25 because ten crew members aboard a ship from Rio Grande do Sul have tested positive for Covid-19.

• Wednesday, April 29th 2020 - 07:41 UTC

  China's imports of Brazilian soybeans drop 24.8% during March over a year ago

  

  Brazilian soybeans imports to China during the month of March dropped 24.8%, over the same month last year. The data was released by the Chinese General Customs Administration last Sunday, April 26, and shows soy imports from Brazil reached 2.1 million tons in March, compared to 2.79 million tons in the same period last year.