Oilseeds - Oilseeds

Soy: excessive heat and parasites give rise to concerns

August 25, 2023 at 2:00 PM , Der AUDITOR
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BRASÍLIA/BRUSSELS. While the US heat dome is driving up US soybean futures, a parasite has gained quite a bit of attention in Brazil’s Mato Grosso state. EU soybean imports have finally started to pick up.

Parasite with high damage potential

With large parts of the US being exposed to a heat dome during the crucial blooming phase soybean futures have surged in Chicago. The race is also on with Brazil in terms of exports. Official Chinese customs data shows that soy shipments from the US rose by 10.8% to 19.85 million mt in January-July. Shipments from Brazil even rose by 12.2% to 38.90 million mt. Total US soybean exports also ranged 8% lower than last year at 51.50 million mt as of 20 August.

The parasite Aphelenchiodes besseyi is causing some concern in Braz

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