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Monday, January 22, 2024
ADM to expand traceable soybean pilot after first deliveries to Europe
ADM, a global leader in sustainably sourced solutions from nature, announced last week that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the United States to Europe.
Tuesday, January 16, 2024
US soybean processing sector eyes record monthly crush to cap banner year
As the United States soybean processing industry concludes what experts predict to be a stellar year, analysts anticipate another record-breaking monthly crush in December, according to projections ahead of the National Oilseed Processors A ...
Monday, January 15, 2024
Suez Canal siltation causes soybean shortage in Indonesia
The President Director of Indonesia's State Logistics Agency (Bulog), Bayu Krisnamurthi, highlighted the impact of siltation in the Suez Canal on soybean supply, leading to a shortage of the grain in Indonesia, Antara reported.
Monday, January 15, 2024
China's December 2023 soybean imports dropped 6.9% year-on-year
China imported 9.82 million metric tonnes of soybeans in December last year.
Friday, January 12, 2024
Brazil's CONAB adjusts downward soybean and corn production projections
Brazil's National Supply Company (CONAB), the equivalent of the United States Department of Agriculture (USDA), has revised its outlook downwards for soybean and corn production, attributing the month-to-month reductions to adverse weather ...
Thursday, January 11, 2024
EU soybean imports up slightly from previous year
European Union's soybean imports during the current 2023/24 season, commencing in July, have reached 6.00 million metric tonnes by January 7, 2024, a slight increase from the 5.96 million recorded the previous year, XM reported.
Wednesday, January 10, 2024
Satellite technology and AI revolutionise soybean aphid management in study
Research from the University of Minnesota in the United States has unveiled the transformative potential of satellite-based remote sensing, coupled with artificial intelligence (AI), in revolutionising the management of soybean aphids, an i ...
Tuesday, January 9, 2024
Argentina's bumper soybean crop expected to offset Brazil's decline
Recent forecasts from machine learning-based yield models by Gro Intelligence suggest that Argentina's soybean harvest is poised to counterbalance an anticipated decline in Brazil's production, offering relief to global supply concerns, Gro ...
Monday, January 8, 2024
Benson Hill announces gains in soybean breeding programme
United States-based Benson Hill, an agri-tech company, announced today that recent advances in its soybean breeding programme will drive the doubling of its seed portfolio by 2025.
Friday, January 5, 2024
Arkansas, US anticipates record soybean yields despite 2023 challenges
Soybean yields are poised to reach unprecedented heights in Arkansas, United States, with an estimated average of 53 bushels per acre, according to Jeremy Ross, soybean extension agronomist for the University of Arkansas System Division of ...
Thursday, January 4, 2024
StoneX revises down Brazil's soybean crop forecast for 2023/24 amid lack of rain
Agribusiness consultancy StoneX has revised its estimate for Brazil's soybean crop in the 2023/24 season from 161.9 million tonnes to 152.8 million tonnes, citing a lack of rain in crucial agricultural regions, XM reported.
Thursday, January 4, 2024
Tanzania bans soybean imports from Malawi due to virus threat
Tanzania has officially prohibited the import of soybeans from Malawi, citing concerns over the presence of the tobacco ringspot virus in its neighbouring country, VOA News reported.
Thursday, January 4, 2024
Chicago corn records largest annual drop in a decade, wheat, soybeans also decline
In the final trading session of 2023, Chicago corn marked its most substantial yearly decrease in ten years, with wheat and soybeans following suit, largely influenced by robust harvests in Brazil and steady Black Sea trade that alleviated ...
Tuesday, January 2, 2024
Latin American soybean crushing expected to surge in 2024
Latin American soybean crushing volumes are anticipated to witness a substantial increase in 2024, propelled by a recovery in Argentina's crop output and an elevated biodiesel mandate set for Brazil, S&P Global reported.
Saturday, December 30, 2023
US soybean exports set for Q1 boost as Brazil faces planting delays
United States soybean exports are anticipated to receive a significant boost in the first quarter of 2024 due to delays in Brazil's planting for the marketing year 2023/24, as industry experts suggest that this delay may support oilseed fut ...
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