Uruguay allows export of soybean and canola meal to China and signs new cooperation agreements
This opening represents a significant step forward in the diversification of export markets for Uruguayan agroindustrial products.
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This opening represents a significant step forward in the diversification of export markets for Uruguayan agroindustrial products.
The semiannual USDA report on Livestock and Products in Mexico reveals that the swine industry will continue to grow moderately in 2025, supported by improved genetics, cost reductions, and sustained domestic demand. Imports will remain stable, with the United States as the main supplier.
FEFAC market experts forecasts continued stability in the EU compound feed production market for 2025.
The European Parliament supports raising tariffs on Russian and Belarusian fertilisers and agricultural goods to reduce import dependency.
Forecasts for the next world corn harvest are very positive, driven mainly by increased production in the United States. Good international trade is anticipated, although accompanied by reduced ending stocks. As for soybeans, a significant increase in production and exports from Brazil is expected, boosting international trade.
The International Trade Committee has approved a 50% increase in tariffs on certain Russian and Belarusian agricultural goods to further reduce EU dependency.
The market is hyper-reactive, reacting to every piece of news in one direction or another. Let's try to focus on it.
Production of wheat, corn, barley, and oats is forecast to increase year-over-year in marketing year 2025/26.
The soybean harvest is progressing with surprising yields in the core region: the first crop averages 4.1 tons/ha and the second crop 3.3 t/ha. Good weather allowed 1.2 M ha to be harvested, although threshing is still behind the historical average.
The monthly increase reflected higher prices across all major cereals.
After the implementation of the new exchange rate bands and the narrowing of the gap, soybeans are gaining momentum in the markets, while cereals still show caution.
The outlook for U.S. corn exports improved compared to the March report. A slight increase in the EU corn production was estimated, as well as an increase in its imports. For soybean projections, no significant adjustments were made.
Colombia’s economic recovery together with growing domestic livestock and poultry production are driving Colombia’s corn demand.
China's soybean production is forecast slightly downwards while soybean imports are expected to rise 2%.
Global wheat, maize, sorghum, and rice prices declined while barley prices increased slightly.
Corn, wheat, and rice production and import predictions for 2025.