Impacts of the war between Russia and Ukraine on global agribusiness

Review by Vanessa Ferreira February 24, 2022 marked the beginning of the war between Russia and Ukraine, a conflict that is now three years old. Both countries are strategic players in the Black Sea region and, mainly, in the supply chain of the agribusiness, significantly impacting the global sector. Before the war, the […]

Malaysia rules out raising palm oil biodiesel to 20%

Malaysia has no plans to increase palm oil biodiesel blending from the current 10% to 20% as developing the necessary infrastructure would require funding that neither the industry nor the government are willing to provide, the commodities minister said on Monday. There are challenges to implementing the biodiesel blending […]

Palm oil loses to mild oils in India for the first time

Palm oil’s share of India’s annual edible oil imports is set to fall below that of mild oils for the first time as its rising premium over soybean oil and sunflower oil prompts refiners to seek more affordable alternatives, the head of an industry body said. […]

Corn opens higher in Chicago on Wednesday

Wednesday (19) begins with corn futures prices showing high volatility, although slightly down on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$ 72.72 and R$ 80.40 at around 10:07 am (Brasília time). The market quoted the March/25 maturity at R$ 80.40, down 0.43%. The contract for […]

Global cotton stockpiles hit highest level since pandemic

In its February report, the USDA raised its global production projection for the 2024/25 crop by 200,000 tons, reaching 26.2 million tons. The adjustment is due to the increase in Chinese cotton production, which rose from 6.5 million tons in January to 6.7 million tons currently. The new upward revision in the […]

Corn prices rise in Chicago after US holiday

Tuesday (18) begins with corn futures prices operating in the positive field on the Brazilian Stock Exchange (B3). In this sense, the main quotations fluctuated in the range between R$ 73.18 and R$ 80.79 at around 10 am (Brasília time). Regarding the contracts, the market quoted the March/25 maturity at R$ 80.79, with […]

Soybean Week: Market in focus

According to a market analysis by Grão Direto, the next few days will be decisive for the formation of soybean prices in Brazil. Weather conditions continue to be a determining factor, with forecasts of persistent rains in much of the country, mainly in the Central-West, Southeast and North regions, due to the influence of the La Niña phenomenon. Despite the […]

Chicago: Soybeans advance on the day, but accumulate weekly decline

Soybeans traded on the Chicago Board of Trade (CBOT) closed Friday higher, driven by the reduction in the Argentine harvest estimate and the increase in Chinese purchases of bran. However, according to an analysis by TF Agroeconômica, the accumulated price for the week has fallen. In this context, the consultancy reported today that the March contract rose 0.58%, […]

Lowest stocks in 10 years and delay in the second harvest

The delays that are marking the start of the 2025 second corn crop in Brazil could further aggravate the already tight scenario of global stocks of the grain, which are at their lowest in ten years. In its latest monthly supply and demand bulletin, the USDA (United States Department of Agriculture) cut three […]