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 […]
Drought persists, but occasional rains benefit winter crops
According to the United States Department of Agriculture’s (USDA) Weekly Weather and Crop Bulletin, published on Tuesday (5), dry weather remained dominant in the Western FSU region, with rainfall recorded only in the northern and eastern areas. In early October, essential rainfall hit eastern Ukraine and the southwest […]
Biodiesel industry grows and mitigates decline in chain GDP
The GDP of the soybean and biodiesel production chain in Brazil is expected to fall by 5.77% in 2024, totaling R$$ 521.3 billion. This reduction occurs after a rise of 22% in 2023 and is mainly associated with the failure of the soybean harvest and its negative effects on agribusiness services. The data are from a […]
Brazil's soybean exports expected to decline in November
Brazil’s soybean exports in November are expected to fall by almost half, according to the latest shipping schedule data from shipping agency Cargonave. The decline comes amid a record soybean crop in the United States, which is finishing its harvest. After a strong export campaign through October, […]
Ukraine's grain exports grow in 24/25 season
Ukraine’s grain exports for the 2024/25 season (July-June) amounted to about 14.7 million metric tons as of November 4. In comparison, the volume was approximately 9.8 million tons in the same period last year. According to data from the Ministry of Agriculture released on Monday, this […]
