Reading Time: < 1 minute 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.
Bunge charters first Argentine soy meal cargo to China, shipping data show
AgRural trims forecast for Brazil’s 2024/25 soy crop
Reading Time: < 1 minute 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.
Attaché trims Argentina soybeans, but crop still more than double
Reading Time: 2 minutes 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.
Canadian canola crush hit record in 2023: StatCan
Reading Time: < 1 minute 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.
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
Reading Time: 2 minutes Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Reading Time: 2 minutes 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.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Reading Time: < 1 minute 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).
USDA Brazil attaché cuts soybean projections for 2023/24
Several firms have dropped Brazil soybean projections on seeding delays, weather
Reading Time: 2 minutes 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
Reading Time: 2 minutes 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.
Net fund short position edges down in canola
CBOT fund traders were liquidating some large net long positions in soybeans
Reading Time: < 1 minute 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).
A message from April Stewart, Country Guide's Associate Editor
