In Brazil, Portal do Agronegocio reported that consulting firm AgResource estimated that Brazil’s soybean harvest for the 2024/25 cycle will reach a record 172.28 million tons. In January, the consultancy’s forecast pointed to a production of 172.07 million tons for the country. According to AgResource, the scenario for the 2024/25 soybean harvest is promising, with […]
In Brazil, Canal Rural reported that the National Supply Company (Conab) reported that Brazil should harvest 325.7 million tons of grains in the 2024/25 harvest, an increase of 9.4% compared to the previous season. According to the agency, the result reflects a 2.1% increase in the cultivated area, estimated at 81.6 million hectares, and a […]
In Argentina, La Nacion reported that the country’s soybean and corn harvest has already shrunk by an equivalent volume, between both grains, to 11 million tons, due to the drought of the last 30 days, in addition to high temperatures. The Rosario Grain Exchange (BCR), estimated the soybean harvest at 47.5 million tons. This is […]
In Brazil, COFCO International, Modern Farming and China Shengmu Organic Milk, both subsidiaries of Mengniu Group, have signed a strategic cooperation framework agreement to supply 1.5 million tons of certified sustainable soybeans from Brazil to China. The soybeans will be third-party verified as deforestation- and conversion-free (DCF) since 31 December 2020, with on-farm audits ensuring […]
In Brazil, Dinheiro Rural reported that Brazil’s 2024/25 soybean harvest is expected to grow by 15 million tons compared to the previous year’s harvest, to a record 170 million tons, due to favorable weather conditions mainly in the country’s north-central states, according to Marcela Marini, analyst with Rabobank Marini said that the harvest in Mato […]
In Argentina, Noticias Agropecuarias reported that Argentina purchased 80% of the total soybean production in Paraguay for the 2023/2024 campaign, according to a report by the Paraguayan Chamber of Exporters and Traders of Cereals and Oilseeds (CAPECO). The report stated that Argentina was the main buyer of Paraguayan soybeans with 84% of the market, followed […]
In Argentina, the Buenos Aires Grain Exchange reported that soybean planting has been completed nationwide, following a week-on-week progress of 0.8 percentage points. Despite recent rainfall, the adequate to optimal soil moisture level has improved by only 3 percentage points, according to the exchange. As a result, 72% of the planted area remains in normal […]
In Illinois, WFIG Radio reported that The USDA’s National Agricultural Statistics Service reported that Illinois had a positive year for soybean production in 2024. The report noted that farmers in the state produced 688 million bushels of soybean, exceeding the previous record of 667 million bushels set in 2018. The average yield increased to 64 […]
In Brazil, Poder 360 reported that the Brazilian soybean harvest for the 2024/2025 period is estimated at around 168.15 million tons, according to Biond Agro. “The largely favorable weather conditions in most of the country support this performance, reinforcing Brazil’s leadership in the global soybean market,” said Felipe Jordy, intelligence and strategy manager at Biond […]
In Argentina, La Politica Online reported that the Paraguayan Chamber of Oilseed and Cereal Processors (Cappro) considered that a greater industrialization of soybean in the country would be essential. Of the 11 million tons of soybeans harvested in the last crop cycle, Paraguay only industrialized 25%, according to the report. Cappro’s general manager, Sandra Noguera, […]
