Commodity pricing

Grain ship at the port of Paranaguá, Brazil © GettyImages/Ziviani

Brazil expected to export record level of soybeans

By Jane Byrne

A USDA attaché report for Brazil has increased the 2022/23 forecast for the country’s soybean production to 153 million metric tons (MMT). It also revises upwards its soybean export estimate to 97MMT, a new record.

© GettyImages/JJ Gouin

US soybean exports outpacing last season

By Jane Byrne

Soybean markets remained supported in recent days due to dwindling US supply amid incredibly strong export demand, finds a CRM Agri report.

© GettyImages/vestenskov

WASDE: US corn production revised higher

By Jane Byrne

This month’s WASDE saw corn production in the US forecast higher, to 353.84Mt, a slight hike on the 352.95Mt estimated in October, leading to a slightly eased ending stock projection.

© GettyImages/KUNITAKA KODA

Corn markets set to remain volatile

By Jane Byrne

The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.

© GettyImages/Andrii Yalanskyi

UK feed sector welcomes removal of US corn import tariffs

By Jane Byrne

Feed industry representative group, the Agricultural Industries Confederation (AIC), has hailed the UK government’s announcement that from June 1, 2022, it will remove the 25% import tariff on corn imported to the UK from the US.

© GettyImages/PRASANNAPiX

Export demand for India’s wheat and corn grows

By Jane Byrne

Russia’s invasion of Ukraine has led to volatility in several sectors of the global economy. For India and the region, trade is being disrupted in the grains, oilseeds, fertilizer, and energy sectors, among others.

© GettyImages/Art Wager

Argentina pauses new export sales of soybean meal

By Jane Byrne

Argentina’s drought has been having a major negative impact on the country’s soybean crop, and the weekend saw its agricultural ministry move to suspend soybean oil and meal export registrations.

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