April 23, 2025 | 18:48 GMT +7
Hotline: 0913.378.918
April 23, 2025 | 18:48 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) Coffee prices on April 22, 2025, continued to decline globally. Domestic market dropped by VND 500, with prices falling to VND 128,500–129,200/kg.
(VAN) Pepper prices on April 22, 2025, remained unchanged globally. Domestic pepper prices declined by VND 500–1,000, trading at VND 154,000–155,000/kg.
(VAN) Coffee prices on April 21, 2025, remain flat globally. Currently, the domestic coffee market is holding steady in the range of VND 129,000–129,700/kg.
(VAN) Pepper prices on April 21, 2025, remain flat across the board. Currently, domestic pepper prices continue to trade in the range of VND 155,000–156,000/kg.
(VAN) Pepper prices on April 18, 2025, remained flat globally, domestic prices rose slightly by VND 500 in Gia Lai, trading at VND 157,000–159,000/kg.
(VAN) Coffee prices on April 18, 2025, declined globally. Domestic prices edged up slightly by VND 200, trading in the range of VND 132,700–133,800/kg.
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(VAN) Following the U.S. Government's decision to temporarily postpone the imposition of reciprocal tariffs, coffee prices have continuously increased sharply and are expected to continue rising in the near future.
