Soybean front-month July futures on the Chicago Mercantile Exchange (CME) rebounded on Friday May 10 with support from soybean oil and despite estimates of ample offer and ending stocks for the 2024/25 crop in the latest World Agricultural Supply and Demand Estimates (WASDE) report.

Argentina is on track to regain its position as the largest soy meal exporter in 2023-2024, with its soybean crop  – which has nearly doubled in size – starting to be harvested, but the country faces increasing competition from Brazil and the US for global market share, Fastmarkets understands.

The recent shift is supported by the country’s increased biodiesel blending mandate and there are moves to raise it further in the coming years

As the Intercontinental Exchange launches the first RBD soybean oil futures contract, David Becker explains the advantages of having an exchange-traded derivative and how this will help protect against price volatility

Grains and soybean Prices have been dropping amid ample offers despite lower-than-expected output in 2023-2024

Brazil’s agricultural exports soared in the first week of March, which underscores the country’s pivotal role in global food supply

Total EU soybean import for the year to date reaches 7.2 million tonnes, with Spain, Netherlands, Germany, Italy and Portugal being the main importers

Brazil’s food agency, Conab, has reduced its soybean and corn output forecasts due to adverse weather conditions impacting crop development,

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

Brazilian soybean prices are under further pressure from another bumper harvest and weak Chinese demand