Asia

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Agri-commodity market trends

IGC forecasts 7% jump in global soybean output

By Jane Byrne

World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).

Image: Getty/Wirestock

De Heus opens new aqua feed mill in Vietnam

By Michelle Perrett

De Heus, the Netherlands-based animal nutrition company, has opened the Can Tho Aqua Feed Mill in Vietnam, dedicated to producing pangasius feed.

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WASDE: Drop in corn and soybean prices

By Jane Byrne

Corn and soybean prices fell after USDA estimates for US supplies were larger than markets had expected, but wheat failed to rise on a deep cut to world inventory hopes, finds CRM Agri.