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Friday, September 29, 2023
Major crop trading houses urge Argentina's next president to boost soy production and exports
Leading crop trading giants, including Cargill Inc, Louis Dreyfus Co, and China's state-owned Cofco Corp, have voiced a collective plea to Argentina's upcoming president to boost soy production and exports or risk losing ground to competito ...
Wednesday, September 27, 2023
US corn and soybean harvest progresses steadily
US corn and soybean harvests continued to make steady progress in the previous week, as the US Department of Agriculture (USDA) said that 15% of the US corn crop has been harvested, and 12% of soybean crop has been harvested, Brownfield Ag ...
Monday, September 25, 2023
US soybean futures increase on September
US soybean futures rose on September in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying.
Wednesday, September 20, 2023
USDA reports soybean, corn export inspections above prior week
As of the week ending September 14, the US Department of Agriculture (USDA) said that export inspections for corn, soybeans, and wheat are falling behind the required paces to meet projections for the current marketing year.
Tuesday, September 19, 2023
US Midwest weather inhibits American soybean output - and to Brazil's benefit
A recent report by LMC International Ltd. shed light on the US soybean sector: the industry's total economic impact on the American economy averaged US$124 billion, including US$85.7 billion from soy production and US$9.8 billion from soybe ...
Thursday, September 14, 2023
USDA cuts forecast for soybean production in 2023
The United States Department of Agriculture (USDA) lowered its forecast for US 2023 soybean production, yield and ending stocks in its September Crop Production and World Agricultural Supply and Demand Estimates reports.
Tuesday, September 5, 2023
Heat, drought imposing potential pressure on soybean yields in US Midwest
Prolonged drought and record heat are threatening soybean yields in several key growing US states across the United States' Midwest, Iowa Agribusiness Radio Network reported.
Wednesday, August 30, 2023
New study finds US soybean industry has US$124 billion impact on US economy
The National Oilseed Processors Association (NOPA) and the United Soybean Board (USB) in the United States have announced the availability of a new study, "The Economic Impact of the U.S. Soybeans & End Products on the U.S. Economy ...
Tuesday, August 29, 2023
Kentucky State University secures US$600,000 grant for soybean research
Kentucky State University has been awarded a grant of US$600,000 to support research focused on nitrogen management in soybean production, Brownfield Ag News reported.
Tuesday, August 22, 2023
China's soybean imports from US plummet 62% in July, while Brazil surges 32%
China's soybean imports underwent a significant shift in July, as the nation's soybean imports from the US experienced a sharp decline of 62% compared to the previous year, while soybean shipments from Brazil, China's leading soybean suppli ...
Tuesday, August 22, 2023
China to subsidise fertilisers and pesticides used for corn and soybean productions in northern region
China's Ministry of Finance has arranged for a one-time subsidy fund of ¥2.4 billion (US$329.67 million) for fertilisers and pesticides for corn and soybeans grown in the north of the country, state media said on August 21.
Friday, August 18, 2023
US crop quality ratings show uplift in corn, soybean
In the latest crop progress report by the US Department of Agriculture (USDA), there is improvement in corn and soybean quality ratings across the country after another week of relatively mild and wet weather conditions, Farm Progress repor ...
Thursday, August 10, 2023
US soybean futures drop amid favourable weather, wheat surges on global supply concerns
Chicago Board of Trade (CBOT) soybean futures experienced a decline of 2.5% on Monday driven by widespread rainy conditions across crucial US crop regions, while wheat prices were up due to global supply concerns, Successful Farming reporte ...
Tuesday, July 25, 2023
Brazilian supplies and high prices cast doubt on US corn and soybean
As the new marketing year approaches on September 1, US corn and soybean export potential is facing doubt due to abundant Brazilian supplies, high prices, and uncertainties about US crops, Reuters' analyst Karen Braun reported.
Tuesday, July 25, 2023
US farm-leaders of United Soybean Board set FY24 budget
The 77 farmer-leaders serving on the United Soybean Board (USB) in the United States approved US$191.5 million for the 2024 fiscal year budget.
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