Latin America

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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).

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New commodity carbon accounting approach adds up

By Lynda Searby

By combining land conversion data and trade statistics, start-up, AdAstra, claims to have come up with a way of calculating carbon emissions from deforestation for commodities such as soy and corn with greater accuracy.

© GettyImages/Cecilie_Arcurs

Bunge reveals value of CJ Selecta acquisition

By Jane Byrne

Bunge disclosed the value of the CJ Selecta deal during its call with analysts following the company’s Q3 2023 earnings release last week. It is paying out around US$600m to acquire the Brazilian manufacturer and exporter of soy protein concentrate (SPC).

Image: Getty/piyaset

Eight crops endangered by climate change

By Oliver Morrison

From staple crops like potatoes and maize, to cash crops for wealthier customers like cocoa and coffee, climate change is having a widespread impact on global agricultural production.

© GettyImages/McKevin

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.

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