U.S. Soybean Exports Exceed Expectations

The international soybean market operated in an atmosphere of anticipation throughout the last week, awaiting the release of the supply and demand report from the United States Department of Agriculture (USDA), published on Thursday (12). The analysis was highlighted by the International Center for Economic Analyses and Agricultural Market Studies (Ceema), in a report published this Thursday (12), with data referring to the week from June 6 to 12. According to the USDA, projections for the 2025/26 crop indicate maintenance in U.S. production, estimated at 118.1 million tons. Final stocks in the United States remain at 8 million tons. The average price for local producers continues at US$ 10.25 per bushel. World soybean production also showed no changes and remains estimated at 426.8 million tons. However, global final stocks were revised upward, reaching 125.3 million tons, an increase of 1 million compared to the May report. Production estimates for Brazil and Argentina were ...