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Oilseeds

China's Rapeseed Production Sees Slight Increase

China's rapeseed production for the 2024/25 marketing year is projected at 15.8 million metric tons, according to the latest USDA report. This represents a modest 1% increase from last month's estimate but a 3% decrease compared to the previous year. However, the figure is

EU Rapeseed Production Takes a Hit: Lower Yields and Harvested Area Impact Output

The European Union's rapeseed production for the 2024/25 marketing year is projected to decline significantly, according to the latest USDA report. The estimated output of 17.5 million metric tons marks a 13% drop from the previous year and a 2% decline compared to the 5-year average.

Soybean Planting Trends Diverge: Argentina Surges, Brazil Slows

The global soybean market is witnessing a shift in production dynamics as Argentina prepares for a potential surge in soybean acreage while Brazil, the world's leading producer, anticipates a slowdown in planting growth, according to a report by Farm Policy News. Argentina is poised for its most significant

China Targets Canadian Canola in Retaliation for EV Tariffs

The trade war between China and Canada has spilled into the agricultural sector, as Beijing announced an anti-dumping investigation into Canadian canola imports on Tuesday. This move comes as a direct response to Ottawa's recent decision to impose tariffs on Chinese electric vehicles, further escalating tensions between the

China Returns to US Soybean Market Amidst Rising Brazilian Prices

Chinese importers have resumed purchasing US soybeans after a lull in activity, as rising prices for Brazilian soybeans make US supplies more attractive, according to a report by Reuters, citing European and US grain traders. The exact volume of the recent purchases remains unclear, but traders estimate that at least

Global Soybean Production Set to Hit Record High, Driven by Brazil and US Expansion

Global soybean production is projected to reach an all-time high in the 2024/25 marketing year, fueled by significant area expansion in Brazil and increased plantings in the United States, according to a report published by the USDA's Foreign Agricultural Service (FAS). The FAS forecasts global soybean production
Global Soybean Production Set to Hit Record High, Driven by Brazil and US Expansion

Corn and Soy Biofuels Get Green Light for Sustainable Aviation Fuel Tax Credits: WSJ

The Biden administration has expanded the eligibility for sustainable aviation fuel (SAF) tax credits to include corn- and soy-based biofuels, as reported by the Wall Street Journal. The new guidelines released by the Treasury Department last week aim at incentivizing the production and use of SAF, which is crucial for

Argentina Soybean, Corn Output Threatened by Adverse Weather

Argentina's soybean harvest is progressing, but concerns remain about potential yield losses due to adverse weather conditions, according to the latest report from the Buenos Aires Grains Exchange. Meanwhile, the exchange has revised its corn production forecast downward, reflecting the impact of drought and heat stress on late-planted

Heavy Rains Disrupt Brazil Soybean and Corn Harvest, Reuters Reports

Torrential rainfall in Brazil's Rio Grande do Sul state is causing significant disruptions to the final stages of the soybean and corn harvest, as reported by Reuters. The state, which is Brazil's second-largest soybean producer and sixth-largest corn producer, has experienced heavy downpours leading to flooding

World Bank Projects Food Price Decline, But Flags Geopolitical and Climate Risks

The World Bank anticipates a decline in global food prices throughout 2024 and 2025, primarily driven by lower prices for grains and oils. However, the latest report from the bank warns of potential risks, including geopolitical tensions and weather-related disruptions, that could impact this projection. The report highlights recent trends
World Bank Projects Food Price Decline, But Flags Geopolitical and Climate Risks