soybean markets Archives

Bunge charters first Argentine soy meal cargo to China, shipping data show

By Ella Cao, Maximilian Heath, Reuters 4 days ago

Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.

Markets, News

AgRural trims forecast for Brazil’s 2024/25 soy crop

By Reuters January 27, 2025

Brazil's 2024/25 soybean crop is expected to total 171 million metric tons, agribusiness consultancy AgRural said on Monday, lowering its forecast by 500,000 tons due to lower yields in the states of Mato Grosso do Sul, Parana and Rio Grande do Sul.

Markets

Attaché trims Argentina soybeans, but crop still more than double

By Glen Hallick March 18, 2024

Soybean production in Argentina for 2023/24, along with beginning stocks and imports were revised downwards by the United States Department of Agriculture attaché in the capital of Buenos Aires.

Markets

Canadian canola crush hit record in 2023: StatCan

By Phil Franz-Warkentin March 13, 2024

Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.

Ed Usset, grain marketing economist from the University of Minnesota, addresses the 2024 Commodity Classic. Photo: Sean Pratt

Commodity Classic: ‘Strong evidence’ for old crop price rally says economist

Booming renewable diesel industry seen as a positive

By Sean Pratt March 4, 2024

Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.

Markets

ICE weekly outlook: Canola seeking a catalyst

Soyoil has been weaker than expected, pressuring canola, analyst says

By Adam Peleshaty - Marketsfarm February 28, 2024

Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.

Markets

Record large fund short position grows in canola

Net short in soybeans, corn also grew

By Phil Franz-Warkentin February 20, 2024

Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

A soybean crop at Headingley, Man. on Sept. 2, 2021. (Dave Bedard photo)

Crops, Markets

USDA Brazil attaché cuts soybean projections for 2023/24

Several firms have dropped Brazil soybean projections on seeding delays, weather

By Glen Hallick January 8, 2024

With Brazil having faced opposing weather extremes, there’s little surprise the United States Department of Agriculture attaché cut their soybean production estimate for 2023/24. The Brasilia desk reduced its call from a record 162 million tonnes to 158.5 million in its latest report.

Brazil’s soybean harvest kicks off with low yields in Mato Grosso

Crops suffered from lack of humidity; now rains are hampering harvest in some areas

By Ana Mano, Reuters January 8, 2024

Brazilian soybean farmers have begun to reap their 2023/24 soybean crop, covering some 0.6 per cent of the national planted area as of last Thursday, agribusiness consultancy AgRural said on Monday.

Markets

Net fund short position edges down in canola

CBOT fund traders were liquidating some large net long positions in soybeans

By Phil Franz-Warkentin December 4, 2023

Fund traders were buying back some of their large net short position for the fourth week in a row in late-November, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Tag Archives soybean markets

Bunge charters first Argentine soy meal cargo to China, shipping data show

AgRural trims forecast for Brazil’s 2024/25 soy crop

Attaché trims Argentina soybeans, but crop still more than double

Canadian canola crush hit record in 2023: StatCan

Commodity Classic: ‘Strong evidence’ for old crop price rally says economist

ICE weekly outlook: Canola seeking a catalyst

Record large fund short position grows in canola

USDA Brazil attaché cuts soybean projections for 2023/24

Brazil’s soybean harvest kicks off with low yields in Mato Grosso

Net fund short position edges down in canola

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