Two powerful soy trade groups, the Brazilian Association of Vegetable Oil Industries (ABIOVE) and the Brazilian Association of Soybean Producers (APROSOJA), report on their members' preparedness for the EUDR.
Strong demand for sea freight has surprised markets, and a surge in the upcoming peak season could drive costs back to the mid-2021 levels when the COVID-19 pandemic was in full force, says a market intelligence firm.
Wheat prices have slipped further, weighed down by Turkey’s import curbs, while corn and soybeans made some gains, finds the latest oilseeds and grains market report from CRM Agri.
The US National Oilseed Processors Association (NOPA) reported a significant dip in domestic soybean crush in April, attributed to rising soybean prices and slowing biofuel demand.
Wheat prices continued to fluctuate unpredictably as concerns grew over Russia's harvest due to ongoing dry weather in the southern growing region, reports CRM Agri.
Last Friday saw the US Department of Agriculture unveil its projections for global crop supply and demand in the upcoming season, specifically 2024/25.
Rabobank’s Global Pork Quarterly Q2 2024 heralds a pivotal moment in the global pork sector, signaling a slowdown in herd contraction and a return to profitability.
The recent escalation in the Middle East conflict presents a significant risk to energy and freight rates in the medium term, with potential repercussions for agricultural markets, finds the CRM Agri Agricultural Economic report.
In a year marked by volatility, Alltech's Agri-Food Outlook for 2023 provides a comprehensive overview of the intricate dynamics shaping the feed production industry worldwide.
Operators and traders strive to comply with EUDR but face challenges: gaps in information, technical solutions, and supply chain complexities, claim FEFAC, FEDIOL, and agribusiness groups.
We delve into the diverse array of topics that have resonated deeply with our readers since January, shaping the discourse and informing perspectives on issues.
ADM foresees a rise in global grain and oilseed supply for 2024, based on anticipated improvements in weather supporting larger production levels in key South American countries.
ADM shares plummeted by a staggering 24%, according to media reports on Monday, following the decision to place its CFO, Vikram Luthar, on administrative leave amid an ongoing investigation into accounting practices within its nutrition business.
Weather conditions have improved for farmers grappling with rain in Europe and enduring drought in Brazil. However, this does not translate into smooth sailing for grain markets.
At the onset of the week, US grain prices experienced an increase, but later faced downward pressure following the release of the USDA’s World Agricultural Supply and Demand Estimates (WASDE).
As the new year unfolds, the grain markets see a subdued start, following a year marked by notable declines in major contracts, as observed by analysts at CRM Agri.
After China ended antidumping tariffs on Australian barley in August, dramatically lowering imported barley prices by $11 per MT, Chinese importers secured about 20 shipments, or over 1 MMT, of that grain from Australia.
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).
Lower energy prices resulted in a fall in shipping costs over the past month as seen through the sharp drop off in the Baltic Dry index (BDI), which gauges the cost of shipping dry bulk commodities such as grains.
Grain markets were mixed on both sides of the Atlantic, as traders await the latest WASDE from the US Department of Agriculture (USDA), which is due to be released on Thursday; they are also weighing up weather linked risks in different regions globally.
ForFarmers' financial results for Q3 2023 show a recovery of underlying EBITDA. While sales volumes declined compared to the same period in 2022, they were roughly equal to Q2 this year.
Soymeal futures for December-reached a six-month high on a spot contract basis in previous days, after Bunge stoked concerns over soy soybean supplies running out in Argentina, finds an oilseeds market outlook from CRM Agri.
A recent USDA attaché report sees improved grain production in Ukraine over the next 12 months, with volumes set to exceed the previous year, particularly for corn.
Lower feed costs, better animal health, and improved productivity bolster global pork industry optimism despite challenging returns and uncertain consumption trends, finds a new report.
Louis Dreyfus Company (LDC) is to construct a new soybean processing plant in Ohio. The facility will comprise crushing, vegetable oil refining and lecithin production and packaging capabilities.
Rabobank, assessing the impact of the conflict in Israel on food, energy, and fertilizer trends, says that if it is contained to the Israel and Gaza region it may not move the needle too much for energy, commodity or livestock prices.
Rabobank estimates a gradual performance boost for the global poultry market in the last quarter of 2023 and early 2024, following several months of slow growth.
The swine industry is facing several challenges globally, such as climate pressure and price volatility of raw materials. There are also issues specific to certain regions, related to legislative pressure and market constraints.
The US Department of Agriculture’s National Agricultural Statistics Service (NASS) has revised down its soybean supply forecast for 2023/24 based on lower yield.
The EU executive arm announced at the end of last week that the import ban on grain and oilseeds from Ukraine in five neighbouring EU countries has expired.
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.
The US Federal Reserve continued to dominate the macro picture over the past month. US inflation rose from 3.0% to 3.2% in July, the first monthly hike in inflation since June 2022.
