China's soybean imports may fall 9.5% this year
China’s soybean imports are expected to fall by around 9.5% in the marketing year ending September 2025, according to an executive at Chinese state-owned oilseeds company Cofco, who made the forecast during an oilseeds conference on Wednesday. As a result, international soybean shipments to China, the world’s largest […]
Brazilian animal protein gains ground in China
Brazil’s participation in the China International Import Expo (CIIE) 2024, in Shanghai, concluded successfully on November 10. Firstly, the Brazilian Animal Protein Association (ABPA), in partnership with the Brazilian Trade and Investment Promotion Agency (ApexBrasil), strategically organized this action. Thus, it was possible to include a broad program to strengthen the presence […]
Azerbaijan criticizes Western pressure on oil and gas at COP29
Azerbaijani President Ilham Aliyev used his speech at COP29 to criticize the West for its ongoing pressure on the country’s oil and gas sector, saying the industry had been the target of a “well-orchestrated campaign of slander and blackmail.” Aliyev’s remarks came on the second day of the climate summit. At the event, […]
RS describes 2024 floods as “biggest climate catastrophe”
The state government described the floods that hit Rio Grande do Sul between late April and early May 2024 as “the greatest climate catastrophe” in the state’s history. In just a few days, the volume of precipitation ranged from 300 to 700 mm, affecting more than 60% of the state’s territory. In addition, […]
USDA projects US soybean production at 4.46 billion bushels
In the November edition of the Crop Production bulletin, the United States Department of Agriculture (USDA) announced that US soybean production is expected to reach 4.46 billion bushels in 2024. The number represents a reduction of 3% compared to the previous estimate, and a significant increase of 7% compared to last year. In the bulletin […]
Indonesian palm oil production to recover by 2025
Indonesia’s palm oil production is set to rebound in 2025 after an expected decline this year. However, prices are expected to remain elevated due to the planned expansion of the country’s biodiesel mandate, industry analysts say. Malaysia’s benchmark palm oil price has already risen more than […]
Trump's victory worries partners at COP29
Donald Trump’s recent victory in the US presidential election has clouded the prospects for a solid deal at next week’s COP29 climate summit, negotiators say. The outcome increases pressure on Europe and China to lead global efforts to combat global warming. Trump, […]
How will Trump's return affect Brazilian agriculture?
Donald Trump, with 277 delegates in the electoral college as of 9:00 am, announced his candidacy for president of the United States after his defeat to Joe Biden in 2020. The ticket, composed of Trump and JD Vance as vice president, promises a series of economic policies, including tax cuts, fighting inflation, recovering the […]
U.S. Soybean, Corn, Wheat Futures Fall
U.S. soybean, corn and wheat futures fell sharply in overnight trading following Donald Trump’s re-election as U.S. president. Trump defeated incumbent Vice President Kamala Harris with more than 270 electoral votes. As expected, he announced plans to implement stiff tariffs on […]
