The 2023/24 soybeans in Argentina were 77.9% harvested as of late last week, which represented an advance of 14.2% for the week. In the core regions, the soybeans are 85-90% harvested with 45-55% harvested in southern areas and 60% harvested in far northern Argentina. The average nationwide soybean yield last week was 3,120 kg/ha (46.4 …
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*Brazil nearby SoyOil alone to mark 20% run in May-deferred Mths shipments adds 14%*BlackSea SunOil now begins trades close to SoyOil*Malaysia Olin adds $35-45 Ton in May/SoyOil adds $75 Ton*Kandia Soy Cif spot mth $120 Ton hotter in Mth-CPO Cif Run pace 25% of SoyDegum
Argentina Farm Fields survey:-Farmers Silos Full of Soybean-Grey Mkt/Bank Peso spread soars to 23%-Farmers prefers to sell Soy in Local so Trucks at Ports arrivals drops-Govt very sincere to better Economy so No plan yet for new Soy/Dollar Scheme-President still wish to waive Export Tax Argentina Farmers may opt higher Soy selling if Govt stays …
*Maintains 45000 Ton Mth average SoyRef Exports/No shipment to India*Malasia PalmOil supply tight so April SoyDegum Imports hit all time high 60000 Ton*SunOil shipments on rise-Jan/April Exports 1.93 LacTon-To Australia 52000 Ton-To Thailand 28500 Ton
The Brazil soybean estimate was left unchanged this week at 147.0 million tons as private estimates continue to decline due to problems in Rio Grande do Sul. In their May Crop Report, Conab estimated the Brazil soybean production at 147.6 million tons. Rio Grande do Sul – In Rio Grande do Sul, Emater estimated that …
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