Rethinking the 2022/23 Soybean Market Forecast The United States Department of Agriculture (USDA) experts have made some adjustments in their May report for the Fiscal Year (FY) 2022/23 soybean production and ending stock forecasts. The slight increase in these figures is expected to exert additional pressure on the market quotes in the new season. The … Read more
US Soybean Futures Trend Downward Despite significant improvements in sowing rates and burgeoning supplies from Brazil, soybean futures in the United States persist on a downward trajectory. As observed on the Chicago exchange recently, July soybean futures dipped by 0.7% to $515.9/t, marking a 5% reduction for the month. The November futures were also impacted, … Read more
Soybean prices are showing signs of recovery, with prices up 6% for the week in April 2023. This marks a significant turnaround for the market, which has been plagued by oversupply and low prices in recent years. Overview of the Soybean Market Soybeans are one of the world’s most important crops, used for a wide … Read more
Commercial procedures for the international trade of commodities can be complex, involving numerous documents, payment instruments, and third-party inspections. To facilitate these transactions and provide a framework for the parties involved, the International Chamber of Commerce (ICC) has developed guidelines and procedures that are widely recognized and used in the industry. In this article, we … Read more
Brazil is a country known for its diverse economy, natural resources, and presence in global trade. Although it is famous for its coffee and sugar exports, the country’s top exports go far beyond these commodities. Brazil is one of the world’s largest producers and exporters of agricultural products, minerals, fuels, and manufacturing goods. In this … Read more
Argentina, known for its rich culture, beautiful landscapes, and delicious cuisine, is also a powerhouse in the world of international trade. The country’s economy is heavily dependent on exports, with a wide variety of products and industries contributing to its success. In this article, we will take a closer look at Argentina’s top 10 exported … Read more
The Importance of Transportation Costs in the Grain Industry In the world of agriculture and food production, transportation is a key factor in getting products from the farm to the market. The cost of transportation is a major concern for producers and distributors, as it can greatly impact profitability. In recent months, the cost of … Read more
Introduction Grain prices are subject to a range of weather factors, including drought, heatwaves, and frost, which can significantly impact crop yields and supply levels. However, recent weather forecasts suggest that grain-growing regions may experience favorable rainfall in the coming months. This could help to mitigate the impact of weather on prices and support more … Read more
Soybean cultivation can be a rewarding and productive experience, as long as the correct techniques are used. If you’re looking to increase your yield and get the most out of your soybean plants, this guide will provide you with invaluable tips and techniques to help achieve success in your soybean growing endeavor. Soybean Planting Depth … Read more
Consumer demand for soybeans is growing exponentially, and soybean cultivation has become a major agricultural industry over the past few decades. Growing soybeans is a complex process and involves a great deal of research, planning and preparation to ensure a successful crop. To maximize the success of your soybean crop, choosing the right seed is … Read more