Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.
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Bunge charters first Argentine soy meal cargo to China, shipping data show
Argentine oilseed sector meets China in bid to unlock soymeal exports
Argentina's oilseed export chamber has met with Chinese officials and discussed at length the possibility of opening up soymeal exports for the first time.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
Canola market climbs higher, but faces obstacles
Brisk Canadian canola exports lead to rising prices, but tariffs and oil prices loom in the background
Brisk Canadian canola exports lead to rising prices, but tariffs and oil prices loom in the background of the Canadian canola market.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.
U.S. wheat sees most notable changes in March S/D report
No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.
Spring weather to dominate first half of March
Large parts of Argentina, Brazil to be dry
Be it the Canadian Prairies or the United States Midwest, spring-like weather is on its way for the first couple of weeks of March, said Drew Lerner, president and chief agricultural meteorologist for World Weather Inc. in Overland, Kan. Meanwhile, the dryness that has dominated parts of Argentina and Brazil is likely to continue for the next several weeks.
Argentina gives green light to cattle exports in five-decade reversal
The Argentine government has authorized the export of live cattle for slaughter, reversing a prohibition that had been in place for over five decades.
IGC trims global corn crop forecast as South America outlook cut
The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
Buenos Aires desk cuts Argentine corn, bumps up wheat
Crops affected differently by weather
As Argentina continues to face dry conditions, the United States Department of Agriculture attaché in Buenos Aires cut their estimate for the country's 2024/25 corn crop. Meanwhile the attaché bumped up their call on the Argentine wheat harvest, which was recently completed.
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