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.

Fastmarkets is inviting feedback from the industry on the pricing methodology for several vegetable oils and meals prices as part of its announced annual methodology review process.

Fastmarkets has corrected its price assessments for AG-SYB-0036 soymeal FOB Argentina Premium and AG-SYB-0035 soymeal FOB Argentina, which were published incorrectly on Monday August 26.

Learn more about the self-imposed embargo that came into place after a confirmed case of Newcastle disease in Brazil.

Brazilian soybean exports maintained a robust pace in July, surpassing last year's figures, while corn shipments faced challenges in keeping up with demand.

The European Commission released its latest set of data on the imports of soybean, soybean meal, rapeseed, sunflower oil and palm oil into the EU

Soybean front-month July futures on the Chicago Mercantile Exchange (CME) rebounded on Friday May 10 with support from soybean oil and despite estimates of ample offer and ending stocks for the 2024/25 crop in the latest World Agricultural Supply and Demand Estimates (WASDE) report.

Argentina is on track to regain its position as the largest soy meal exporter in 2023-2024, with its soybean crop  – which has nearly doubled in size – starting to be harvested, but the country faces increasing competition from Brazil and the US for global market share, Fastmarkets understands.