In Argentina, Buenos Aires Times reported that Argentine President Javier Milei encouraged farmers to seize the moment and sell their soybeans now after he eased currency controls, which weakened the peso by about 12% on official markets. In addition to letting the peso float, Milei has also trimmed export tariffs for harvest season only. For […]
In Missouri, World Grain reported that Egypt, the Middle East and North Africa’s largest importer and consumer of soybeans, is forecast to import 4.2 million tons of the oilseed in marketing year 2025-26, up 5% from the previous year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. […]
In Canada, CBC reported that Manitoba is putting $9.3 million to the development of a $73-million grain tech facility in Winnipeg’s Exchange District with the aim of connecting Canadian cereals producers with new international partners. “This is really about showcasing our ag industry at a time when Canada absolutely needs to diversify our trading partners,” […]
In Brazil, MoneyTimes reported that Brazil ‘s 2024/25 soybean harvest was estimated at a record 167.87 million tons by the National Supply Company (Conab), which reised its projection by around 500,000 tons compared to last month. According to Conab, several states are achieving record productivity of soybean, such as São Paulo, Goiás, Tocantins and Mato […]
Egypt is forecast to import a total of 13 million tons of wheat in marketing year 2025-26, the same as 2024-25, driven by the availability of foreign currency allowing private companies to purchase larger volumes of milling wheat and an increase in wheat flour exports, according to a report from the Foreign Agricultural Service (FAS) […]
In Argentina, La Nacion reported that The U.S. Department of Agriculture (USDA) maintained its estimate for Argentina’s 2024/25 soybean crop at 49 million tons. The report also noted that the USDA also maintained its forecast for the South American country’s 2024/25 corn production at 50 million tons. The report highlighted that Argentina is the world’s […]
In Canada, Canadian Cattlemen reported that European Union soft wheat is expected to benefit from the escalating trade war between the United States and China, consultancy Strategie Grains said, as it raised its output estimates for all major EU cereals this year due to improved growing conditions. The report noted that the EU has been […]
In Turkey, Türkiye Today reported that Turkey resumed purchasing wheat from Russia in March after lifting import restrictions and gradually rose to become the third-largest importer of Russian wheat within a single month, according to the Russian rail logistics company Rusagrotrans. So far this season, Turkey has imported 2.5 million tons of wheat from Russia. […]
In Missouri, Brownfield reported that the USDA has lowered U.S. ending stocks estimates for corn and soybeans. Corn ending stocks are now seen at 1.465 billion bushels, a drop of 75 million from March. Soybeans are pegged at 375 million bushels, down 5 million, on higher domestic crush demand against more imports. The USDA noted […]
In Ukraine, Odessa Journal reported that Ukraine has already exported nearly 93,000 tons of soybeans as of early April, according to the analytical department of the agricultural cooperative PUSK. “As of April 1, approximately 2 million tons of soybeans remained in Ukraine, slightly more than last year when there were about 1.7–1.8 million tons. However, […]
