The boost to the outlook is due to higher than expected yields and larger planted areas, compared to the drought-affected 2022/23 year

Published in a recent Gaftaworld issue, Tim Worledge, editorial director at Fastmarkets Agriculture shares his view on oilseeds and veg oils 2024 demand outlooks

In the face of muted wheat markets at the close of 2023, several nations, including Jordan, Pakistan, and Egypt, passed on international tenders

Brazil's customs data revealed that soybean exports for the first two weeks of January 2024 has already surpassed the figure for all of January 2023

Canadian Grain Commission data suggested that the country's grain and oilseed exports fell at the end of 2023

There has been an increase in daily volumes compared to last year, although wheat exports are slightly down, according to sources

Strong export activities contribute to spike

Slower deliveries of wheat and corn feed factor into recent projections of cattle and pork production

Renewed restrictions on the Panama Canal curb shipping expectations

A decrease in corn prices and uncertainties over the next soybean crop contribute to lower production estimates