Articles By Marcela Caetano

21 Jun 2024 | Marcela Caetano
US soybean weekly export sales were up by 48% in the week to June 13 at 556,500 million tonnes from the previous week’s 377,100 tonnes, the USDA reported on Thursday June 21.
20 Jun 2024 | Marcela Caetano
The Buenos Aires Grains Exchange (BAGE) increased its wheat sowing area estimates for Argentina by 100,000 hectares, to 6.3 million ha, since improvements in grain and input prices have stimulated wheat sowing in key areas in the central and southern part of the agricultural area, the exchange said in its weekly crop report update.
19 Jun 2024 | Marcela Caetano
Argentina’s government no longer requires an export license application (DJVE) for 40 products such as rice corn oil, popcorn and wheat bran, according to a resolution published by the country’s bioeconomy secretariat on Wednesday June 19.
18 Jun 2024 | Marcela Caetano
Brazil’s grain exporters association Anec raised its June soybean export forecast to 14.8 million tonnes, which would be a June record; soymeal shipment projections were also increased, the association said in its latest report released on Tuesday June 18.
18 Jun 2024 | Marcela Caetano
The Brazilian Association of Vegetable Oil Industries (Abiove) reduced its estimate for the country’s soybean crop output in 2023/24 to 152.5 million tonnes, down by 1.4 million tonnes from the previous forecast of 153.9 million tonnes, its monthly report showed on Tuesday June 18.
18 Jun 2024 | Marcela Caetano
Soybean crush volumes in Brazil’s largest agricultural-producing state, Mato Grosso, reached a monthly record of 1.16 million tonnes in May, the state’s agriculture institute IMEA said in its weekly bulletin late on Monday June 17.
17 Jun 2024 | Marcela Caetano
Brazilian soybean exports totaled 7.3 million tonnes in the first two weeks of June, with wheat exports advancing year on year while corn and soyoil exports lagged, customs data showed late on Monday June 17.
17 Jun 2024 | Marcela Caetano
US soybean crush totaled 183.6 million bushels in May, a 3.2% year-over-year increase and a May record, the country’s National Oilseed Processors Association (NOPA) showed on Monday June 17.
13 Jun 2024 | Marcela Caetano
Argentina's wheat production is expected to reach 21 million tonnes in 2024/25, up 44.8% from last year's 14.5 million tonnes, the Rosario Grains Exchange (BCR) said in its monthly report on Thursday June 13, in its first estimate for the country's new wheat crop.
13 Jun 2024 | Marcela Caetano
Brazil’s food agency Conab increased its second corn crop production forecast and decreased its soybean output estimates in its monthly supply and demand estimates update for the 2023/24 crop year, released on Thursday June 13.
12 Jun 2024 | Marcela Caetano
Brazil’s soybean forward sales for the 2023/24 crop year reached 65.7% of the country’s 147.6 million tonne estimated crop by the end of May, a monthly gain of 13.7 percentage points, local consultancy Datagro said on Wednesday June 12.
12 Jun 2024 | Marcela Caetano
The USDA cut its forecast for Brazil’s old crop soybean crop, but not by the extent that market participants anticipated, and it pegged global and US ending stocks for 2023/24 above expectations, according to its World Agricultural Supply and Demand Estimates (WASDE) report on Wednesday June 12.
The president of the Brazilian Senate, Rodrigo Pacheco, announced on Tuesday June 11 that part of the provisional legal act regarding the use of accumulated tax credits from the PIS/Cofins tax would be returned to the executive branch following intense backlash from the country’s industry, including the agricultural sector.
11 Jun 2024 | Marcela Caetano
Brazil’s grain exporters association Anec raised its soybean export estimates for June by 1.7 million tonnes to 13.7 million tonnes; soymeal and corn projections were also increased, the association said in its latest report released on Tuesday June 11.
11 Jun 2024 | Marcela Caetano
Brazilian soybean exports totaled 3.6 million tonnes in the first week of June, while in the whole month last year, the country sent abroad 13.7 million tonnes, customs data showed late on Monday June 10.
7 Jun 2024 | Marcela Caetano
Soybean and corn harvests are nearing completion in Brazil´s Rio Grande do Sul, on the back of sunny weather which has allowed fieldwork to advance, according to a report by state agency Emater/RS on Thursday June 6.
Brazilian soybean and soy product markets stalled on Wednesday June 5, with market participants reassessing margins after the government changed key tax credit rules.
6 Jun 2024 | Marcela Caetano
US soybean net export sales for the 2023/24 crop year totaled 189,600 tonnes in the week to May 30, down by 43% from the previous week’s 329,400 tonnes, data from the US Department of Agriculture showed on Thursday June 6.
6 Jun 2024 | Marcela Caetano
Brazilian soybean exports totaled dropped by 7.3% year on year in May, and are also expected to post another decline in June, the country´s grain exporters association Anec said in its latest report released on Wednesday June 5.
4 Jun 2024 | Marcela Caetano
Soybean crop losses in Brazil’s Rio Grande do Sul amounted to 2.7 million tonnes due to floods in early May, the state agency Emater/RS said in a report released on Tuesday June 4.
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