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- Will a record soybean crop impact global trade in 2025?
- “Early harvest indicators and planting progress suggest the country may achieve a record soybean crop exceeding 170 million metric tons. This abundance could significantly impact global trade flows, particularly affecting U.S. export prospects starting in February 2025,” Whitcomb noted.
- How much wheat will Egypt import in 2025?
- “Egypt’s wheat import needs are expected to stay high for 2025,” Ezzeldin explained. “Domestic wheat production is projected to reach around 9.5 million metric tons for the 2024/2025 period, but total consumption will exceed 18 million metric tons.
- Will retaliation hurt US soybean exports in 2023?
- In 2023, the US imported US$195bn worth of agricultural products - marking a 280% increase over two decades. Retaliatory actions, especially from China, could worsen the situation, with US soybean exports likely to bear the brunt. Soybean prices, down 25% over the past year, could face additional downward pressure.
- How much grain is produced in 2025 compared to 2024?
- Total grain production is projected to rise to 274.9 million tonnes in 2025, compared to 259.3 million tonnes in 2024, reflecting an increase of 6% year-on-year, driven by improved yields and expanded cultivation in several member states.
- Are global agricultural markets poised to face challenges in 2025?
- As we enter 2025, global agricultural markets are poised to face both challenges and opportunities. Following a relatively quiet 2024, the new year brings with it a mix of stability and uncertainty. Unlike the dramatic disruptions caused by the war in Ukraine two years ago, global markets are starting 2025 on a more stable note.
