March 4, 2025 | 16:26 GMT +7
Hotline: 0913.378.918
March 4, 2025 | 16:26 GMT +7
Hotline: 0913.378.918
Photo: JANA - STOCK.ADOBE.COM.
The soybean planting area is now pegged at 18.4 million hectares, a reduction of 200,000 hectares from the previous estimate as farmers turn to alternative options amid low soybean prices, the exchange noted.
Soybean and corn compete for planting area in Argentina, one of the world’s top corn exporters and the No. 1 shipper of soy byproducts. Argentine farmers have sown nearly 85% of the soybean crop area and 81% of corn fields, according to the report.
The exchange also said that about 89% of wheat fields have been reaped, with the season’s harvest seen at 18.6 million tonnes.
The Foreign Agricultural Service (FAS) of the US Department of Agriculture forecast corn production in Argentina at 48 million tonnes for marketing year 2024-25 in its latest report. Soybean production is seen at 52 million tonnes, with domestic crush reaching 42 million tonnes.
(Reuters)
(VAN) Pepper prices on March 3, 2025, remain unchanged globally. Currently, domestic pepper prices continue to trade around VND 157,000 - 159,000/kg.
(VAN) Coffee prices on March 3, 2025, are stable in domestic and global markets. Domestic coffee prices continue to trade around VND 127,500 - 129,500/kg.
(VAN) Coffee prices on March 2, 2025, remain around VND 127,500 - 129,500/kg. This week, domestic coffee prices have dropped significantly by VND 4,400 - 5,300.
(VAN) Pepper prices on March 2, 2025, increased by VND 1,000 - 2,000, reaching VND 156,000 - 159,000/kg, and recorded a domestic weekly decline of VND 4,000.
(VAN) Global pepper production is expected to continue decreasing this year, while demand remains stable or increases, leading to continued price rises.
(VAN) Coffee prices on February 28, 2025 slightly declined in globally, domestic prices have increased by VND 200, trading at VND 128,500 - 130,500/kg.
(VAN) Basmati and jasmine rice are both excellent options when you need a hearty grain to complement your meal.
