|
Plummeting Argentina Soybean Production Impacts Global Soybean and Products Trade
10.03.2023 11:03 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Oilseeds: World Markets and Trade (March 2023), For the third straight month, 2022/23 Argentina soybean production is lowered as hot and dry weather continues to strain the crop in key growing regions. This month, production is down 8.0 million tons to a 14-year low of 33.0 million. Likewise, crush is forecast at the lowest level in over a decade. Plummeting Argentina supplies and crush will have implications on global trade of soybeans, protein meal, and vegetable oils over the coming months. To help offset tight domestic soybean supplies, Argentina imports (Oct-Sep) are forecast to be a record at 7.3 million tons. Argentina importers are expected to capitalize on a record Brazilian crop and recovery in Paraguay production to supplement the weak domestic crop. As a result, Argentina is expected to have the second-largest spike in soybean import growth in 2022/23, behind China. For soybean products, overall trade is forecast down this month. Global soybean meal trade is down more than 1.0 million tons from last month as tight Argentina supplies support already high prices and shift some demand into other protein meals. Likewise, global soybean oil trade is down more than 2 percent this month as high Argentine and U.S. prices shift demand to palm oil, rapeseed oil, and sunflowerseed oil. Partly offsetting lower exportable supplies from Argentina, Brazil soybean oil exports are up this month and forecast just below last year’s record. However, the Government of Brazil is scheduled to meet in March to decide the mandatory biodiesel blend rate which currently sits at 10 percent. If the blend rate is raised, then exportable supplies could be lower. This would further push up soybean oil prices and cause importers to rely more heavily on other vegetable oils.
28.03.2024 |
|
|
|
|
|
12:55 |
Council compromise on Ukraine ATMs – Only a half step forward in the right direction |
|
09:18 |
Commission approves amendment to Italian State aid scheme to support companies in Friuli Venezia Giulia in the context of Russia's war against Ukraine |
26.03.2024 |
|
|
|
|
|
10:55 |
Projected famine in Gaza: FAO urges immediate access to deliver urgent and critical assistance at scale. About 1.1 million people are experiencing catastrophic food insecurity |
|
08:44 |
EU makes major step forward in the delivery of 2024 humanitarian aid for Palestinians in Gaza* |
25.03.2024 |
|
|
|
|
|
16:17 |
Commission approves ˆ86.9 million Bulgarian State aid scheme to support farmers in the context of Russia's war against Ukraine |
21.03.2024 |
|
|
|
|
|
11:15 |
Commission takes action to boost biotechnology and biomanufacturing in the EU |
20.03.2024 |
|
|
|
|
|
11:13 |
Deal to extend trade support for Ukraine with safeguards for EU farmers |
19.03.2024 |
|
|
|
|
|
09:43 |
CAP - The Commission proposes simplifications that safeguard agricultural transitions! |
18.03.2024 |
|
|
|
|
|
23:10 |
The European Union and Switzerland launch negotiations to deepen bilateral relations |
|
10:05 |
Commission proposes targeted review of Common Agricultural Policy to support EU farmers |
15.03.2024 |
|
|
|
|
|
23:36 |
Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola |
|
23:19 |
FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign |
13.03.2024 |
|
|
|
|
|
23:27 |
FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers |
|
16:51 |
The European Commission sets out key steps for managing climate risks to protect people and prosperity |
12.03.2024 |
|
|
|
|
|
20:25 |
Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework |
|
20:24 |
INTA MEPs fail EU producers by dismissing potential improvements to Ukraine ATMs |
|
08:10 |
Soybean meal is expected to be a more competitive feed ingredient on higher global supplies. |
11.03.2024 |
|
|
|
|
|
09:11 |
U.S. Corn Exports Shift Destinations as Brazil Captures China Market |
08.03.2024 |
|
|
|
|
|
15:20 |
Conflicts push acute food insecurity higher |
|
13:21 |
FAO Food Price Index declines further in February |
|
13:14 |
Packaging: Council and Parliament strike a deal to make packaging more sustainable and reduce packaging waste in the EU |
|
11:45 |
Commission approves ˆ61.3 million Bulgarian State aid scheme to support farmers, producers of grain and oil crops, in the context of Russia's war against Ukraine |
07.03.2024 |
|
|
|
|
|
20:41 |
First go-ahead to renewing trade support for Ukraine and Moldova |
05.03.2024 |
|
|
|
|
|
15:55 |
Commission proposes to prolong road transport agreements with Ukraine and Moldova and introduces updates to the agreement with Ukraine |
02.03.2024 |
|
|
|
|
|
07:31 |
Heroes of deserts and highlands: Nourishing people and culture |
23.02.2024 |
|
|
|
|
|
10:21 |
BASF’s financial strength supports proposed stable dividend of ˆ3.40 per share for the 2023 business year |
|
10:17 |
The Council has chosen to ignore farmers' concerns regarding Ukraine ATMs; it is now imperative for the European Parliament to take action |
20.02.2024 |
|
|
|
|
|
20:27 |
South Asia is anticipated to import nearly 14 million tons wheat in 2023/24 |
19.02.2024 |
|
|
|
|
|
13:00 |
Cargill and ENOUGH expand partnership to provide consumers with innovative, sustainable protein options |
17.02.2024 |
|
|
|
|
|
17:47 |
Global Environment Facility approves new FAO-led projects and programs benefiting 46 countries |
16.02.2024 |
|
|
|
|
|
09:10 |
The EU is at a crossroads with the Ukrainian agricultural issue - COPA-COGECA, AVES, CEFS, CEPM, CIBE, EUWEP |
13.02.2024 |
|
|
|
|
|
17:31 |
European farmers exempted from rules on land lying fallow |
12.02.2024 |
|
|
|
|
|
16:45 |
India Wheat Stocks Plummet to Lowest in 15 Years |
03.02.2024 |
|
|
|
|
|
17:35 |
Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons |
|
09:59 |
Record cereal output in 2023 |
|
07:15 |
FAO Food Price Index down again in January led by lower wheat and maize prices |
29.01.2024 |
|
|
|
|
|
10:32 |
President von der Leyen launches Strategic Dialogue on the Future of EU Agriculture |
26.01.2024 |
|
|
|
|
|
11:31 |
Record Exports Forecast for Egypt Oranges |
23.01.2024 |
|
|
|
|
|
17:55 |
With the Federal Chancellor in the show bakery |
19.01.2024 |
|
|
|
|
|
11:45 |
Organic production in Ukraine |
16.01.2024 |
|
|
|
|
|
23:25 |
Domestic consumption of dairy products may double in 2024 – analysts |
12.01.2024 |
|
|
|
|
|
23:53 |
Competition Tightens for Leading Pork Exporter |
|
22:55 |
Peru Fish Meal Exports at Lowest Level Since 2015/16 El Niño |
|
22:43 |
Grains Trade Disrupted by Challenges in Key Shipping Routes |
10.01.2024 |
|
|
|
|
|
15:38 |
In China, the largest import market for dairy products, surplus raw milk production led to government subsidies to stabilize the domestic processing sector |
09.01.2024 |
|
|
|
|
|
11:55 |
The FAO Sugar Price Index averaged 134.6 points in December, down 26.8 points from November |
06.01.2024 |
|
|
|
|
|
12:43 |
Polish fish and seafood imports continued to grow in 2022 and reached over $3 billion, with a $129 million (4 percent market share) originating from the USA |
05.01.2024 |
|
|
|
|
|
17:21 |
EU imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade |
|
17:00 |
FAO Food Price Index declines in December. Benchmark measure of world food commodity prices ends 2023 about 10 percent below its year-earlier level |
29.12.2023 |
|
|
|
|
|
09:53 |
Global and Bank of Georgia sign EUR50 million loan agreement to support small businesses |
Also available:
|
| |
|
|