The recently concluded EU-Mercosur free-trade agreement, after 25 years of negotiation, is expected to have limited immediate impact on South American agricultural exports to Europe.

Fastmarkets has corrected its AG-SYB-0081 Crush Margin Argentina Soy, which was published incorrectly on Wednesday November 13.

Argentina’s soybean sowing area estimate for the 2024-25 crop was raised by 0.6%, to 17.9 million hectares, while the wheat output was projected at 17.6 million tonnes, the country's Secretariat of Agriculture, Livestock and Fisheries (SagyP) monthly report showed on Thursday November 21.

The USDA's latest report shows that the US corn and soybean harvests have exceeded market expectations

Analyzing key drivers of demand and trade shaping soybean oil price and production trends

South America, the main supplier of soybean oil to global markets, has been undergoing profound changes in recent years. The trends we are seeing in two main markets, Argentina – the world’s largest exporter of soybean oil – and Brazil, the world’s largest producer of soybeans, will shape global trade dynamics in the coming years. […]

Speculators in the US corn market cut short positions, helping send the net short to the highest level since August 2023, while adding shorts in soybean and wheat contracts in the week to Tuesday October 29, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday November 1.

Canada's grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission

Soybean oil premiums in Argentina have surged since the beginning of the month, to trade at one of the highest levels on record since Fastmarkets started following the market in 2018, with volumes for nearby deliveries pressured by Indian demand and a slow pace of farmer sales, according to sources

The USDA's latest crop progress report indicates strong advancement in the harvest of major crops, with corn and soybeans making significant strides.