 |
Global Soybean Trade Slows on Weaker China Demand
16.07.2021 12:50 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Oilseeds: World Markets and Trade (July 2021), global soybean trade has slowed in recent weeks. While trade had been matching last year’s strong pace earlier in the year, June trade volumes are estimated to fall 3.6 million tons below last year. With China demand a major driver, the weakening export pace can be attributed to a softening in China purchases. Soybean stocks in China, already at high levels, continue to grow as earlier imports exceeded the monthly crush pace. Large pork supplies have dragged pig prices lower, reducing feed margins and lowering soybean meal demand at least in the short term. With large soybean supplies on hand, and markets offering lower prices for shipments in the last quarter of the year, lower global soybean shipments are expected over the next 3 months and prior to the U.S. harvest. While this led to the lower export forecasts for Brazil and Argentina this month for the 2020/21 Oct/Sep trade year, it also portends higher available supplies for export from South America in the latter half of 2021. Larger availability in South America for the October-December period would normally cut U.S. exports and pressure U.S. prices lower. However, price levels later in the year will depend more on actual U.S. soybean yields and production. Market volatility has been high as markets react to acreage projections and weather models much more than weak global demand. Over the last 30 days, contract prices have ranged nearly $1.00 per bushel either side of current quotes. Prices declined roughly $2.00 per bushel from early June as rain soaked parts of the Corn Belt, only to give back much of the decline on limited acreage gains reported in the June USDA Acreage report. But with weather models showing more rain for some of the drier regions of the upper Midwest, November contract prices quickly shaved 80 cents per bushel off these highs, settling near $13.20 per bushel on July 9. This is about 50 cents per bushel below the August contract.
03.02.2025 |
|
 |
|
|
 |
23:55 |
Ukraine's Ministry of Agrarian policy allocates sugar export quotas to EU |
31.01.2025 |
|
|
|
|
|
17:20 |
Global orange production for 2024/25 is forecast down 662,000 tons to 45.2 MT |
|
17:15 |
Argentina Lemon/Lime Exports Continue to Decline |
24.01.2025 |
|
|
|
|
|
16:38 |
Ukraine’s agricultural sector earned $24.5 bln in 2024, setting second historical record |
23.01.2025 |
|
|
|
|
|
15:46 |
Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP) |
22.01.2025 |
|
|
|
|
|
20:54 |
Since the beginning of 2025, 117 agricultural enterprises have received UAH 318.7 million under the Affordable Loans at 5-7-9 programme |
|
20:43 |
Ukrainian agricultural land needs to be cleared and returned to circulation as soon as possible |
21.01.2025 |
|
|
|
|
|
21:45 |
A groundbreaking new study, “Governance and resilience as entry points for transforming food systems in the countdown to 2030”. Key Findings |
|
21:37 |
Nitrogen use efficiency must be improved to reduce harm to human and environmental health |
11.01.2025 |
|
|
|
|
|
11:16 |
Russia Grain Export Quota to Curb Wheat Exports in 2025 |
|
09:12 |
Iraq Emerges as a Soybean Importer |
08.01.2025 |
|
|
|
|
|
22:13 |
FAO Food Price Index dips during the month of December |
|
18:49 |
FAO calls for urgent action to address widening famine in Sudan |
22.12.2024 |
|
|
|
|
|
05:26 |
FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024 |
|
03:53 |
The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion |
19.12.2024 |
|
|
|
|
|
09:05 |
World coffee production for 2024/25 is forecast 6.9 million bags higher |
18.12.2024 |
|
|
|
|
|
23:11 |
China’s Expanding Coffee Consumption |
17.12.2024 |
|
|
|
|
|
22:37 |
Bangladesh Soybean Import Recovery Expected to Continue |
14.12.2024 |
|
|
|
|
|
21:03 |
World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million |
13.12.2024 |
|
|
|
|
|
09:11 |
U.S. Fresh Pear Exports Fall on Historically Low Harvest |
10.12.2024 |
|
|
|
|
|
21:03 |
Indonesia Grain Imports to Subside after 2023/24 Record |
|
08:14 |
Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise |
|
07:45 |
Cereal trade revised downwards amid weaker demand |
02.12.2024 |
|
|
|
|
|
23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
|
22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
|
|
|
|
|
03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
|
|
|
|
|
00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
|
|
|
|
|
04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
|
04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
|
|
|
|
|
10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
|
|
|
|
|
23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
|
22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
|
16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
|
|
|
|
|
09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
|
09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
|
|
|
|
|
20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
|
20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
|
|
|
|
|
22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
|
21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
|
10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
|
|
|
|
|
23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
|
|
|
|
|
11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
|
|
|
|
|
09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
|
|
|
|
|
23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
|
20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
|
|
|
|
|
17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
|
|
|
|
|
20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
|
17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
|
|
|
|
|
09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
|
|
|
|
|
10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
Also available: 
|
| |
|
|
