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.
Attaché trims Argentina soybeans, but crop still more than double
IGC sees world crop production rising in 2024/25
World production of wheat, corn and soybeans are all forecast to rise in the 2024/25 crop year, according to the first estimates from the International Grains Council for the upcoming growing season, released March 14.
Brazil to become top soybean producer, USDA says
MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in […] Read more
U.S. books latest end to soy harvest in a decade
MarketsFarm —The U.S. Department of Agriculture (USDA), in its oilseed crops outlook issued Wednesday, said the country’s 2019 soybean harvest will wind up the latest in 10 years. As of Sunday, the overall U.S. soybean harvest stood at 85 per cent complete, according to USDA’s weekly crop progress report. The pace was two points behind […] Read more
CBOT weekly outlook: What happens with corn, will happen to soybeans
MarketsFarm — Although there were no major changes to soybeans in June’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture, the commodity’s price shot up on the Chicago Board of Trade. USDA on Tuesday issued its monthly WASDE report, in which estimated U.S. corn production was lowered by nine per […] Read more
USDA sees smaller soy crop in 2019, more corn
MarketsFarm — U.S. farmers will grow more corn and fewer soybeans in 2019, according to the first production estimates of the year from the U.S. Department of Agriculture. Ending stocks of both crops are expected to remain large. U.S. soybean production for 2019-20 was forecast at 4.15 billion bushels by the government agency, which would […] Read more
CBOT weekly outlook: Higher prices don’t jibe with corn, soy production
CNS Canada — Trade is starting to slow down for the holiday season at the Chicago Board of Trade, which has corn and soybean traders looking at the larger picture. Scott Capinegro, a broker with Barrington Commodities at Barrington, Ill., believes prices for corn and soybeans are currently too high. “(The world) continues to plant, […] Read more
Smaller Manitoba soybean crop expected
CNS Canada — Like most crops grown this year, Manitoba’s soybean yields were also highly variable in 2018. While early reports point to smaller production overall, lower-than-average yields won’t translate to higher prices, given prospects for a large U.S. crop. Manitoba soybean yields are “anywhere from 20 to 50” bushels per acre, said Mark Jorgenson […] Read more
AMIS adjusts world grain production outlooks
CNS Canada –– Global supply-demand outlooks, released by the market monitoring agency of an alliance of 11 international organizations, point to lower corn production for 2018-19. The Agricultural Market Information System (AMIS) Market Monitor report for July said the record corn harvest in 2017-18 will slip by more than four per cent in 2018-19. That’s […] Read more
U.S. grains: Wheat drops most since August after USDA acreage surprise
Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more
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