Brazil Farmers Harvest 62.25% Of 2023/2024 Soybean Area Versus 62.88% At This Time Last Year Brazil 2023/2024 Soybean Output Seen at 148.6M Tons: Safras Brazilian soybean production in 2023/24 should total 148.601 million tons, with a reduction of 5.8% over the harvest from the previous season, which was 157.83 million tons, according to an emailed …

NOPA February US soybean crush rebounds to 186.194 million bushels

The U.S. soybean crush rebounded in February from the prior month’s weather-slowed pace and reached the highest-ever level for the second month of the year, topping all trade estimates, according to National Oilseed Processors Association (NOPA) data released on Friday. NOPA members, which account for around 95% of soybeans crushed in the United States, processed …

Why is the USDA Higher than Conab for Brazil Soybean Estimate?

There have been a lot of questions as to why there is such a big difference between Conab and the USDA concerning the 2023/24 Brazilian soybean estimate. Conab is estimating the crop at 146.8 million tons while the USDA is estimating the crop at 155.0 million (a difference of 8.2 million tons). Some have speculated …

KLC May Pull Back to 3,800-4,000 in April: MPOC

Palm oil prices are expected to trade between 3,800-4,000 ringgit in April as the market weighs a recovery in production and inventories in coming months, according to the Malaysian Palm Oil Council.-A bullish price movement from current levels is unlikely due to the ample supply of soybeans from South America entering the global market in …

एग्री जिंसों की दैनिक रिपोर्ट 19 मार्च 2024

अरहर एवं चना कमजोर, मूंग तेज, अन्य दालों के भाव स्थिरगेहूं के भाव दूसरे दिन नरम, ग्वार गम एवं सीड में मिलाजुला रुखनई दिल्ली। दिल्ली में चना की कीमतों में 25 रुपये की गिरावट आई है। व्यापारियों के अनुसार उत्पादक राज्यों में मौसम अनुकूल है, इसलिए नए चना की आवक होली के बाद बढ़ेगी। इसलिए …