Category: Soybeans

Capacity boost: Vietnam Agribusiness has doubled its soybean processing capability to 7,800 tonnes per day with a $100 million second crushing line. Domestic coverage: The plant will supply around 2 million tonnes of soybean meal annually, covering roughly 30% of Vietnam’s feed protein demand. Trade flow impact: Expanded Vietnamese demand will likely favor South American…

Surging Russian yields: Record 20.2 c/ha (+20.8% y/y) and strong Central Federal District performance significantly expand Black Sea soybean exportable supply. Weaker EU demand: EU soybean imports down 14% to 6.61 M tonnes in 2025/26 MY as domestic output and processing rise, curbing external buying needs. Bearish price pressure: Growing supply amid softening EU import…

Bullish US–China trade: China completed 12 MMT of US soybean purchases and is expected to buy 25 MMT annually through 2028, supporting US export demand. Bearish Brazil & Black Sea: Brazilian exports to China are projected to fall 10 MMT YoY to 77 MMT, increasing price competition and pressure on alternative origins, including Black Sea…

Neutral to Bearish: Expanding Russian soybean meal production and higher domestic absorption support local supply but add to regional pricing pressure. Bearish: A 14% drop in EU-27 soybean imports and Ukraine’s shrinking market share intensify competition for limited demand. Bearish: Brazil’s record harvest, rising crushing, and a 241% surge in ending stocks point to heavier…

Bullish Brazil: January soybean exports projected at a record 3.73 million tonnes, supported by strong Chinese demand and 7 million tonnes of carryover stocks. Bearish Black Sea: Intensified competition from Brazilian beans pressures Black Sea-origin soy and sunmeal, capping crush margins and narrowing the window of opportunity before Brazil’s new-crop flows ramp up. Brazil’s Record January Soybean…

Export Decline: Global soybean oil exports from seven key suppliers are projected to fall by 0.4–0.5 million tonnes in Q1 2026 versus a year earlier. Argentina Weakness: Argentine Q1 2026 exports are forecast to drop to 1.3 million tonnes from 1.5 million tonnes amid slower processing ahead of the new harvest. China’s Export Surge: China…

US Exports Drive Upgrade: USDA raises 2025/26 global soybean oil export forecast to 13.69 million tons, entirely on stronger projected U.S. shipments. U.S. Export Surge: U.S. soybean oil export outlook lifted by 336,000 tons to 544,000 tons, signaling stronger U.S. presence in global trade. Stable Russian Role: Russia’s soybean oil export forecast remains unchanged at…

Structural Expansion: Russia advances a 35.3 billion ruble soybean and rapeseed processing hub in Amur Region, targeting 1 million tons of annual capacity by Q1 2027. Export Orientation: The Belogorsk complex will enhance value-added exports of soybean meal and oil from the Far Eastern Federal District into Asian markets. Demand Signal: South Korea’s FLC buys…

Record January exports: Brazil’s soybean exports are forecast at 3.73 million tonnes, surpassing the previous January record of 2.85 million tonnes in 2024. Delayed shipments: December rain disruptions shifted volumes into January, with only 0.6% of the 2025/26 crop harvested by January 8 but supported by large carryover stocks. Strong production outlook: Brazil’s 2025/26 soybean…

South Korea secures 120,000 tons: KFA and NOFI jointly booked soybean meal for delivery through May 2024, locking in supply at competitive C&F prices. Multi-origin vs. South America-focused: KFA diversified origins (US, China, South America), while NOFI concentrated exclusively on South American supplies. Benchmark pricing for Asia: Deals at $371.71–$373.80 per ton C&F set a…