Gold Ten Futures October 24th, according to foreign media reports, the United States Department of Agriculture (USDA) under the Overseas Agricultural Service in Brazil Commissioner Zhou said in a report that Brazil is expected to 2024/25 annual soybean production of 161 million tons, higher than the previous estimate of 160 million tons. 2024/25 annual exports are expected to be 102 million tons, another record high, and higher than the previous estimate of 99 million tons. 2024/25, Brazil's soy...
Gold Ten Futures, July 2, according to foreign media news, the United States Department of Agriculture (USDA) Overseas Agricultural Service Commissioner in Brazil said that the annual soybean production in Brazil's 2023/24 market is expected to be 150 million tons, due to the recent floods in the southernmost state of Rio Grande do Sul and the reduction of production in several states. Due to the decrease in soybean production and the overall crushing profit is strong, soybean exports are expect...
Golden Ten Futures, June 13, according to foreign media reports, consulting firm Datagro said that Brazil's 2023/24 annual soybean sales reached 65.7% of expected production, up from 58.6% in the same period last year, but still well below the five-year historical average of 72.4%. "As the expected price increase did occur, the improved pace of business confirmed our expectations," Datagro economist Flavio Roberto de Frana Junior said in a statement. Considering the current production estimate o...