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South American drought likely to fuel US soybean demand in 2022 | Hellenic Shipping News Worldwide

The US soybean demand in 2022 is likely to get support from a prolonged drought at its top rivals — Brazil and Argentina — analysts told S&P Global Platts, which could propel prices in the coming months as well. According to Platts assessments, SOYBEX FOB New Orleans for March loading was estimated at $555.93/mt on ...
United States Buenos Aires Distrito Federal Jacob Shapiro Safras Mercado Pete Meyer

Latin America soybean crush set to rise despite headwinds | Hellenic Shipping News Worldwide

The Argentinian and Brazilian soybean crush volumes look set to rise in 2022 despite several domestic challenges, according to analysts. While the Argentinian soybean crush in marketing year 2021-22 (October-September) is forecast at 42 million mt, up 4.6% on the year, Brazil is expected at 47.7 million mt, up 2% year on year, the US ...
United States Daniele Siqueira Pete Meyer National Energy Policy Council Rosario Grain Exchange Us Department Of Agriculture

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Rocky road for corn exports in H1 amid weather disruptions | Hellenic Shipping News Worldwide

Corn production in the two South American agricultural powerhouses Brazil and Argentina are projected to hit record highs in 2022, but this is unlikely to provide any comfort to buyers looking for a smooth supply environment, especially in the first half of 2022. Corn acres across the key growing countries are expected to increase due ...
South Africa United States Daniele Siqueira Pacific Ocean Pete Meyer International Research Institute For Climate

US soybean supply set to soar on higher acreage | Hellenic Shipping News Worldwide

The US soybeans supply in marketing year 2022-23 (September-August) is set to soar amid higher acreage transfer from fertilizer-intensive corn crop. With the fertilizer price indexes hitting record highs, the input cost pressure on fertilizer-intensive corn planting will be markedly higher than soybeans in 2022, analysts said. As a result, there could be a notable ...
United States Terry Reilly Pete Meyer Futures International Us Department Of Agriculture Platts Analytics

US corn basis firm on strong ethanol margins even as harvest wraps up | Hellenic Shipping News Worldwide

The corn basis in key US markets was firm in the month through Nov. 22, even as the current marketing year 2021-22 (September-August) harvest is coming to a close, because of strong ethanol production over the recent weeks and farmers’ reluctance to sell. The basis is calculated by finding the difference between the spot and ...
United States Corey Lavinsky Pete Meyer Us Energy Information Administration Chicago Board Of Trade Iowa Department Of Agriculture

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