Category: Soybeans

Shift to palm oil: Major importers in South Asia, including India, Pakistan, and Bangladesh, are replacing soybean oil with cheaper palm oil alternatives. Pakistan demand collapse: Pakistan’s soybean oil imports fell 84% year-on-year to just 28,000 tonnes in October–January 2025/26. EU demand support: Ukraine increased soybean oil shipments to the European Union to 169,000 tonnes…

Higher Brazilian output: Soybean harvest projected at 178 million tons in 2025/26, up 6.5 million tons year-on-year, boosting global supply. Expanded acreage: Additional 1.5 million hectares of soybean plantings offset lower average productivity. Mato Grosso progress: Harvest 47% complete with yields in line with optimistic expectations. Corn decline: Brazil’s corn harvest seen slightly lower at 138.4 million tons, down…

Argentina’s 2023/24 soybean harvest forecast raised by 1 million tonnes to 48 million tonnes on improved weather. Critical rains of 25–100 mm expected in key producing areas over the next week will help determine final yields. Corn production projection held at a record 62 million tonnes, reinforcing Argentina’s export availability. Global oilseed balance turns looser…

Record Processing: Ukraine targets all-time high processing of 3 million tons of soybeans (60% of crop) and 1.7 million tons of rapeseed (50% of harvest) in 2025/26. Export Revenues Rising: Soybean oil output and exports grew over 22% year-on-year, with foreign exchange earnings from soybean and rapeseed oil up 1.5–2.2 times. Policy-Driven Shift: Export duties…

Bullish (Soybean Oil): CBOT soybean oil futures rallied 2.2% to six‑month highs on expectations of stronger Indian demand after the India‑US agricultural trade framework and support from renewed US biodiesel tax incentives. Bearish (Soybean Meal): Chinese soybean meal prices fell nearly 2% amid temporarily high inventories and pressure from Brazil’s bumper soybean harvest, despite fresh…

Bearish soybeans: Brazil’s record 180 million tonne crop and slow farmer selling keep export supply heavy through Q2, pressuring CBOT futures. Argentine risk: Moisture stress and poor rainfall since early February threaten to trim Argentina’s soybean output toward 45–48 million tonnes. Regional impact: South American export dominance and ample pipeline supply reduce competitiveness for Black Sea soybean…

Russia turns net soybean exporter: Record 2025 crop of 8.96–9.5 million tonnes flipped the trade balance as imports plunged and exports outpaced incoming volumes. Domestic processing expands: Soybean oil output rose 7.4% to 1.18 million tonnes and meal production grew 8.8% to 5.07 million tonnes on stronger local supply. Import demand collapses: Russian soybean imports fell 50–66% year-on-year…

Inventories Surge: US soybean oil stocks climbed to 988,000 tonnes by end-December, a 22% rise since the season start and the highest level in 19 months. Demand Softens: Soybean oil consumption fell to 12.2 million tonnes in 2025 from 12.4 million tonnes a year earlier amid persistent biofuels sector weakness. Crushing at Record Pace: Record…

Strategic pivot: China is shifting its soybean policy from expanding planted area to boosting yield and quality through technology and mechanization. Import diversification: Beijing aims to reduce reliance on traditional suppliers like the US and Canada by broadening agricultural import partners, especially in the Global South. Record grain output: China’s total grain production is forecast…

Odesa-based soybean exporter uncovered evading UAH 18.7 million in taxes on exports to Turkey, Romania, and the UAE. Roughly 10,500 tons of soybeans with undocumented origin, valued at UAH 104 million, were exported via intermediary companies. Case signals tighter oversight and documentation requirements for Black Sea soybean exports, with neutral immediate price impact but higher…