Oilseeds - Oils

Oilseeds daily: Brazil's logistics in focus

January 19, 2021 1:40 PM, Der AUDITOR
Play report as audio

CHICAGO/HAMBURG. Market and price trends with trade assessments. The US soybean market starts with price losses. Brazil could provide some surprises before the end of January. Vegetable oils decline.

Soy: Brazil's truckers want to strike

Soybeans got off to a weaker start in Chicago. Rain reports for Argentina and Brazil dampened the price development of soybeans. In Brazil, according to AGRural, only 0.4% of the soybean crop had been harvested by yesterday, compared to 1.8% last year. According to the latest weather models, widespread rains will ease the situation in the second half of January. In Brazil, however, widespread trucker strikes could hamper soybean shipments from 1 February. In the USA, many brokers expect China's importers to continue to buy more


View related articles

Go to the News Overview
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.
Sep 26, 2022
NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.