[USDA Monthly Report Preview] Has the Super El Niño Phenomenon Begun? Will the May Report Become the Trigger Point for U.S. Soybean 'Weather Speculation'?

The USDA May report will be released at midnight (Beijing time) on Wednesday, May 13th. This article highlights the key points of focus for this month's report.

Golden10 DataMay 8 16:57

ANEC forecasts that Brazil's soybean meal exports will reach 2.56 million tons in May.

According to the Brazil National Grain Exporters Association (ANEC), Brazil's soybean meal exports in May are expected to reach 2.56 million tons, compared to 2.12 million tons in the same period last year.

Gelonghui FinanceMay 7 20:07

The United States records the fastest soybean planting progress in history! Brazil's record production materializes, pressuring soybean meal prices lower.

Gelonghui, April 15 | CBOT soybean futures closed lower as international crude oil prices weakened and the U.S. soybean planting progress hit the fastest record for the same period in history, with the benchmark contract down 0.4%. Brazil’s soybean harvest is nearing completion, with record production pressure continuing to materialize. The U.S. soybean planting season has started well, and an expected increase in planting area will boost production prospects. Recently, Brazil has relaxed its soybean quarantine measures, which will alleviate the slow arrival of imported soybeans. After customs clearance returns to normal, the volume of cleared soybeans will gradually increase, and as oil mill operating rates rise, so too will soybean meal production. Downstream hog farming continues to incur losses, and current weak demand is weighing on feed consumption.

Gelonghui FinanceApr 15 12:41

GF Securities: A new cycle in the breeding industry is gradually brewing, with leading companies having cost advantages being preferred amid low valuations.

The deep losses in the livestock farming industry, coupled with policy adjustments and pandemic disruptions, may lead to a rapid and effective reduction in industrial capacity. A new cycle is gradually brewing.

Zhitong FinanceApr 14 11:43

Chicago Futures Market: CBOT soybean futures closed lower amid expectations of an increase in U.S. planting acreage.

Soybean futures at the Chicago Board of Trade (CBOT) closed lower on Monday, retreating from a four-week high. Traders attributed the decline to profit-taking and market expectations that U.S. planting acreage would exceed forecasts, weighing on sentiment. One trader noted that rainfall in the U.S. Midwest might delay corn planting, prompting some farmers to allocate acreage to soybeans instead. The trader added that concerns over surging fertilizer prices needed for corn cultivation intensified as President Trump announced that the U.S. military had begun blocking ships departing from Iranian ports. This development could further encourage farmers to shift acreage toward soybeans. CBOT May soybean contract...

Global Market NewsApr 14 04:11

USDA April Report: U.S. Soybean Supply and Demand Forecast Data

The expected ending stocks of soybeans for the 2025/2026 marketing year in the United States were 350 million bushels in April, unchanged from the March forecast of 350 million bushels.

Golden10 DataApr 10 00:23