Oct 06, 2020 Argentinas soy crushing volume had been set to drop around 9.5 this year, as growers hoard beans. Farmers have sold 32.2 million tonnes of soybeans from the
With declining demand for biodiesel, Argentina exports of soybean oil have been rising despite lower crush. Local year 202021 April-March soybean oil exports are estimated at 5.9 million tons, 800,000 tons above the previous year, and come despite a 4-million-ton decrease in soybean crush and 600,000-ton decline in soybean oil output.
Oct 22, 2020 Argentina is the worlds top exporter of soymeal livestock feed, used to fatten hogs, cattle and poultry from Europe to Southeast Asia. It is also a major supplier of raw soybeans.
Oct 08, 2019 Argentine soybean crushers are forecast to process 44 million tonnes in 2019-20, up 3 million tonnes from April, on increased global demand for soy meal and soy oil. The forecast is slightly higher than the countrys 2018-19 crush total of 43 million tonnes.
Dec 29, 2020 Argentinas soy crushing companies signed a contract with the countrys oilseed workers unions late on Tuesday, ending a 20-day strike over wages that had paralyzed exports from the worlds top... July 24, 2021
Apr 22, 2020 Argentina Oilseeds and Products Annual. link is external Post projects a decline of 500,000 hectares in soybean planted area and production of 51 million tons for marketing year 20202021 on higher export taxes for soybeans and products. Sunflowerseed acreage expected to recover to 1.9 million hectares. 20192020 soybean estimated production ...
Aug 27, 2021 Argentina, the worlds third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports according to a blog at USSoy.org.. The U.S. Department of Agriculture USDA reported that 120,000 tons of U.S. soybeans were sold to Argentina for delivery during the 2018-19 marketing season that ...
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Jul 11, 2018 Dont Blame Trade Tariffs for Low Soybean Prices. There are many reports that claim tariffs are the major reason why soybean prices are down. It is one reason beans are down and maybe the reason for the last .75 cents to 1.00, but far from why November 2018 soybeans have tumbled from the May 29 th high at 10.60 .
Argentina is a major corn, wheat and soybean supplier. The loading of 162 ships has been delayed in Argentine agro-industrial ports, bogging down 1.458 billion in exports due to the work stoppage, according to the Rosario grains exchange.
Dec 16, 2020 This area has struggled with dryness this year, but there has so far been enough timely rainfall to keep potential production losses low. The drier bias following this weekend remains a concern. Argentine Crushers Remain on Strike . Two unions representing soymeal factory workers remain on strike after recent contract negotiations broke down.
Jan 13, 2021 Production was lowered by 35 million bushels, crush was revised up by 5 million, and exports were revised up by 30 million to a record 2.23 billion. Brazils 202021 soybean production was left unchanged at 133 million tonnes. Argentinas production was lowered to 48 million, but many traders are adjusting their estimates to well below this level.
Dec 09, 2020 According to data from the Argentine Ministry of Agriculture, up to Nov. 25, sales of soybeans from 201920 crop from farmers to exporters and crushers totaled 35.9 million tonnes, down 13.5 from a year earlier. Argentine soymeal exports were down 14.3. U.S. farmers were the exact opposite - eager to sell after so many years of low demand.
Oct 08, 2020 Soybean crushing in Argentina -- worlds largest exporter of soybean meal and oil -- remains well below potential, and would probably go down even lower than expected, Mielke said. At present, a little over 33 million mt, more than 50 of the Argentinian soy crop stock, is still being hoarded by the farmers, who are waiting for devaluing of the ...
Jan 03, 2020 If the issue persists, the company might not be able to crush soybeans in 2020, and that would affect the crush figures for 2020, sources say. A soymeal broker in Argentina said the company crushes 6 million to 7 million mt of beans a year. Crushing will not be reduced by that amount, as other crushers will increase their rate, the broker said.
Mar 20, 2019 Soy oil and meal exports will likely continue, but remain dependent on soybean imports, constraining margins for crushers. Soybean crush products, such as soy oil and meal, have always been Argentinas preferred export.The country is the third largest producer of soybeans in the world after the US and Brazil, but the oilseed only accounts for around 5 of total export revenue while
Sep 23, 2020 In Argentinas Soy Standoff, U.S. Rivals Emerge as Winners. By. Jonathan Gilbert. and. Isis Almeida. September 23, 2020, 545 AM PDT Updated on September 23, 2020, 109 PM PDT. Argentine farmers ...
Jan 05, 2021 Highlights Low crush margin set to hamper Argentinas crush High export taxes to curtail Argentinas soy meal, oil shipments Raw beans supply tight in Argentina on drought, farmer hoarding Brazils soy meal, oil usage seen rising on economic recovery New Delhi Brazils soybean crush volumes are expected to remain elevated in 2021 on high
Dec 24, 2020 Soy crushers extend strike, idling 170 tankers off Argentina coast. Ships are moored at a port on the Parana River during Argentinas main
The impact of both events has been positive for US soybean crushers. Elevated soymeal prices, largely due to the shortage of the Argentine 2018 crop, compared to low US soybean prices, driven by Chinas introduction of a duty on US soybeans, have supported US soybean crushing margins, driving the US soybean crush to a record high.
Aug 19, 2021 With declining demand for biodiesel, Argentina exports of soybean oil have been rising despite lower crush. Local year 202021 April-March soybean oil exports are estimated at 5.9 million tons, 800,000 tons above the previous year, and come despite a 4-million-ton decrease in soybean crush and 600,000-ton decline in soybean oil output.
Apr 14, 2020 Argentine crushers are having more difficulty procuring soybeans this season, as coronavirus-related disruption adds to the challenge posed by a slow-starting harvest, and a reluctance to sell soybeans by farmers using crops as a dollar-linked hedge against a depreciating peso besides being deterred by raised export taxes.
Jan 08, 2021 Brazils soybean crush volumes are expected to remain elevated in 2021 on high demand, while the outlook for Argentinas crushing industry is
Oct 07, 2020 Argentinas new export tax regime that leaves a higher levy on soybeans than processed soyoil and soymeal has some farmers complaining that they are subsidizing the countrys vast oilseed ...
Feb 09, 2021 Argentine oilseed crushers say they reached a deal to hold down domestic edible oil prices. Tuesday, ... Argentina is the biggest global exporter of soybean oil and feed. It
Argentinas soybean yield quickly approached that of the United States and even exceeded U.S. yields a number of times during the 1970s and 1980s fig. C-6. This yield growth, in the face of relatively low input use, reflects Argentinas agro-climatic advantage in soybean production. By 1989, 5 million hectares were planted to soybeans
Apr 15, 2016 Soybean crush in 1516 would represent 91.7 of Argentinas domestic demand for soybeans compared to an average of 93.3 since 2005. Crush demand is also 4x larger than export demand which is at 11.4 MMT. The current USDA estimate for Argentine crush was increased in each of the first 3 months of 2016 but was not changed on the April 12 th ...
celebrate soybean meal supply frame contracts with Argentine crushers. target one million metric tone month. The Chinese meat sector should also explore opportunities to produce broilers and pork in Argentina, benefiting on very cheap feed raw materials. Import barriers on other soft oils like sunflower oil should be removed.
Jan 27, 2021 U.S. soybean crushers buy up extra beans as supply scramble looms. CHICAGO Jan 27 Reuters - U.S. soy processors, fresh off their busiest year on record, have booked soybean purchases well beyond their normal few weeks of supply due to soaring export demand, rising prices, and fears of soy shortages later this season, traders and analysts said.
Apr 30, 2020 Argentine crushers are still suffering. The weak dynamics, fostered by farmer crop hoarding and export taxes, for the countrys processors which helped tip Vicentin into bankrtupcy have improved a little as the harvest has brought in fresh supplies, but not by much, data from Archer Daniels Midland show. ... At 7-12 a tonne, soybean crush ...
Nov 27, 2020 Argentine farmers have marketed just 70 of their old crop bushels which is creating concerns for crushers. The Argentine crush industry is only operating at 60 of capacity due to low inventories of soybeans. This is concerning for the global market as Argentina provides the world with 50 of its soy oil and meal needs.
Oct 22, 2020 Brazilian beans imports in the last quarter of 2020 is seen sluggish on weak currency and low crush margins, an agricultural analyst said. Brazilian crushers do not see much business sense in buying imported soybeans in Q4 of 2020, he added. Brazilian real is trading at 5.60 per US dollar, as of Oct 21, down 40 year on year.
Jul 26, 2021 The USDA July WASDE report was considered neutral for corn and soybeans but bullish for wheat. Brazils Safrinha corn harvest was approximately 20 per cent complete as of July 10. The French wheat harvest was estimated to be about 15 per cent complete as of July 10. Last year, the crop was over 65 per cent complete at this time.
Dec 11, 2012 Argentinas soy crushers are running low on beans, causing plants to suspend operations and worry about losing clients, as a December-January drought has slowed supply of raw soybeans to a trickle.
Apr 23, 2019 Argentina soybean crush slows as poor-quality beans weigh. The pace of soybean crushing in Argentina is slowing as the freshly-harvested bumper crop forces crushers to improve their dehulling of the beans in order to meet minimum protein requirements, market sources have told Agricensus. Lower protein levels, due to the higher yields of the ...