News of soy

Soy falls as US-China talks loom, weather improves in Argentina

05-02-2025 15:23 Soybean prices fall on worries that US-China trade tensions and bearish weather in Argentina.

Government accused of skewing auction to upgrade soy river

16-01-2025 11:40 President Javier Milei faces scrutiny for unfairly favouring Belgium firm Jan de Nul NV in 30-year tender to dredge Paraná river.

AGRICULTURE & ECONOMY

Argentina moves to deepen soy waterway to ship bigger cargoes

20-11-2024 10:56 Argentina publishes terms of long-awaited tender for contractors to dredge waterway that ships billions of dollars of crops a year to global markets.

AGRICULTURE & ECONOMY

US soy is so cheap that even rival Argentina is buying it

16-09-2024 16:39 Argentina, the world’s biggest exporter of processed soybean meal and oil, is set to bring in whole beans from the United States for the first since 2019.

AGRICULTURE & ECONOMY

Soybean crushers strike just as harvest gathers pace

29-04-2024 17:54 Workers at soy-processing plants have gone on strike just as farmers are collecting the crop.

AGRICULTURE & ECONOMY

US green fuel push threatens Argentina’s main export market

14-03-2024 15:56 Biden administration’s landmark decarbonisation plan has the potential to cause tectonic shifts in global agricultural markets – and deal a damaging blow to Argentina’s troubled economy.

AGRICULTURE & ECONOMY

Bumper Argentina soy, corn crops forecast to get even bigger

26-01-2024 14:43 This year's soybean and corn harvests in Argentina may be even bigger than previously thought.

AGRICULTURE & ECONOMY

Argentina's best soy crop in five years set to be boon for Milei

11-01-2024 16:59 Argentina is on course to produce its best soybean crop in five seasons – 52 million metric tones.

AGRICULTURE & ECONOMY

Argentina pushes to get out of farming time warp with better GMO seeds

05-01-2024 13:58 New government is seeking to make its decades-old rules governing patented seed technology fit for the modern era.

AGRICULTURE & ECONOMY

Election result gives soymeal traders a new factor to weigh

20-11-2023 17:58 Javier Milei, who takes office December 10, has proposed dropping the peso and dollarising Argentina's economy. Such a move could boost farmer sales of soybeans, since they’d rather be paid in US dollars than a weaker local currency.

AGRICULTURE & ECONOMY

Argentina running out of soy adds to next president’s economic woes

16-11-2023 19:05 After the worst drought in six decade, farmers are running out of the very commodity that fuels Argentina’s economy.

ELECTION 2023

Fed-up farmers lean towards outsider Milei

14-11-2023 15:38 The countryside, one of the prime engines of Argentina’s economy, is arriving to the presidential run-off full of uncertainty.

Election 2023: the rural vote

On the pampas, farmers are all in on Milei

10-11-2023 13:06 Argentina's agriculture industry — which accounts for 20% of gross domestic product — portrays the coming election as existential. And the preference of many rural producers is Javier Milei.

Agriculture

Vicentin at risk if US$1.3-billion rescue deal rejected

03-11-2023 17:23 Vicentin SAIC, which has been battling an Argentine court to get the plan approved, would struggle to survive if its US$1.3-billion rescue deal is rejected.

AGRICULTURE & ECONOMY

World's largest crop trading houses tell Argentina to loosen its grip on soy

27-09-2023 12:43 Officials from three of the world's largest crop trading houses have urged Argentina to loosen government restrictions and export taxes on soy production.

AGRICULTURE & ECONOMY

'Soy dollar' back with 25% foreign currency available to exporters

05-09-2023 12:17 Fifth edition of the 'Export Increase Programme' this time does not include unique exchange rate; Applies to exporters from last 18 months; Details of the new decree and the sector's reaction.

Agriculture

Drought slashes 2022/2023 soybean production by 51.5%

04-07-2023 16:56 Impact of punishing drought on Argentina’s crops laid bare as new report reveals soybean production came in at 21 million tons – less than half of last year’s harvest.

AGRICULTURE & ECONOMY

Bunge-Viterra deal likely to face Argentina anti-trust scrutiny

14-06-2023 08:04 Bunge's deal to buy Viterra will create an agriculture giant that’s likely to face anti-trust scrutiny in Argentina, the world’s largest exporter of soy products.

FINANCIAL TURBULENCE

Massa rejects devaluation speculation as peso sinks

22-04-2023 08:13 Revealing WhatsApp message from Economy Minister Sergio Massa denies market speculation about president's imminent resignation and potential currency devaluation.

DOLLARS & RESERVES

Government's bid to bring in dollars stumbles as peso falls faster

20-04-2023 15:09 Soybean exporters, who are temporarily allowed to sell dollars at a rate of 300 pesos per dollar compared to the official rate at 218, didn’t sell a single greenback Wednesday – the first day of no sales since the policy kicked in.