Soybean futures fall in Chicago as global outlook looms
On Tuesday (19), soybean futures traded on the Chicago Board of Trade (CBOT) fell, giving back the gains from the previous session. At around 6:20 am (Brasília time), the prices of the most traded positions showed losses of 4.75 to 6.25 points. The January contract was traded at US$ 10.03 per bushel, while the […]
Peanuts: Brazil advances in production and exports
Peanut production in Brazil for the 2024/2025 harvest is estimated at 1.042 million tons, representing an increase of 42.1% compared to the previous harvest. The information was released by Isan Rezende, President of the Federation of Agricultural Engineers of the State of Mato Grosso (FEAGRO MT) and the Agribusiness Institute. The planted area […]
Corn ethanol projects will require R$20 billion, says Itaú BBA
The corn ethanol market in Brazil has indeed experienced significant expansion. From 2019 to the 2023/24 harvest, the share of corn ethanol in total production grew from 2% to 19%. Furthermore, estimates point to an increase of over 22% in the next two years. However, this scenario depends on the […]
How the US-China war affects soybeans and corn
The trade war between the United States and China has been putting strong pressure on the global market for agricultural commodities, especially soybeans, corn and grains, according to Carlos Cogo, from Cogo Inteligência em Agronegócio. The rise in the dollar and the new tariffs proposed by the US make American grains more expensive abroad, harming their […]
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 […]
