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The Argentine Oilseed Crushers Union (SOEA) decided to maintain a strike at Argentina’s soybean crusher Vicentin started on Saturday January 11, as workers demanded the payment of the agreed-upon bonus and rejected an agreement offer. Workers from the biodiesel company Explora joined the strike because they also did not receive the annual bonus.

US net soybean meal exports rose in the week to January 9, while domestic sales edged downward to a 2024/25 marketing-year low that fell below analysts’ expectations, data from the US Department of Agriculture (USDA) showed on Thursday January 16.

Brazilian grain exporters’ association Anec increased its estimate for Brazil’s soybean, corn, soymeal and wheat exports in January, its weekly report showed on Tuesday January 14.

The EU imported 167,399 tonnes of soybeans in the week ended Sunday January 12, pushing the marketing-year total to 7.38 million tonnes, up by 14% year on year, based on preliminary data from the European Commission.

A correction has been issued for this report.

China’s soybean crush volume in the week to Friday January 10 rose from the previous week to 1.93 million tonnes, according to figures from the China National Grains and Oils Information Centre (CNGOIC).

Speculators in the US corn markets trimmed short positions while adding longs in the week to Tuesday January 7, which sent the net long climbing to the highest level since November 2022, data from the Commodity Futures Trading Commission (CFTC) showed late on Monday January 13.

Brazilian corn exports amounted to 1.32 million tonnes in the first two weeks of January, while 226,538 tonnes of soybean were shipped in the same period, customs weekly data showed on Monday January 13.

Soybean and soymeal futures rallied, while soyoil prices rose only marginally, after the USDA published the January edition of its World Agricultural Supply and Demand Estimates (WASDE) report on Friday January 10 showing lower-than-expected figures for soybean output and ending stocks in 2024/25.

US net soybean meal sales and exports were down in the week to January 2, and were either below or within analysts’ expectations, according to figures released by the US Department of Agriculture (USDA) on Friday January 10.

Brazilian soybean exports could total as much as 110 million tonnes in 2025, while corn exports could reach 42 million tonnes, as shipments recover from declines in 2024 on larger production volumes, Brazilian grain exporters’ association Anec said in its weekly report on Wednesday January 8.

The USDA’s attaché in Argentina increased its estimates for the country’s soymeal and soyoil exports and production in 2024/25, while keeping soybean output and crush forecasts unchanged, a report released late on Monday January 6 showed.

Brazilian soymeal exports reached a record 23.1 million tonnes in 2024, up by 2.9% year on year from 22.47 million tonnes, while wheat exports increased by 20.3% in 2024. Soybean and corn exports, however, declined, the country's customs data showed on Monday January 6.

The EU imported 117,831 tonnes of soybeans in the week ended Sunday January 5, pushing the marketing-year total to 6.96 million tonnes, up by 12% year on year, based on preliminary data from the European Commission.

China’s soybean crush volume fell to 1.73 million tonnes in the week to Friday January 3, down by 350,000 tonnes from 2.08 million tonnes a week earlier, according to data from the China National Grains and Oils Information Centre (CNGOIC).

Speculators in the US corn markets reduced short positions while amassing longs in the week to Tuesday December 31, which resulted in the net long surging to the highest level since February 2023, data from the Commodity Futures Trading Commission (CFTC) showed late on Monday January 6.

Net sales and exports of US soybean meal dropped during the week to December 26, coming in within analysts’ expectations, according to data released by the US Department of Agriculture (USDA) on Friday January 3.

Brazilian grain exporters’ association Anec reduced its estimates for December soymeal, corn and soybeans shipments in its weekly report released on Friday January 3.

Chinese crushers processed a total of 2.08 million tonnes of soybeans in the week to Friday December 27, an increase of 210,000 tonnes from the previous week’s 1.87 million tonnes, according to figures from the China National Grain and Oils Information Centre (CNGOIC).

Speculators in the US corn and soybean markets shed short positions in the week to Tuesday December 24, while bolstering short positions in the country’s three wheat contracts, data from the Commodity Futures Trading Commission (CFTC) showed late on Monday December 30.