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Thursday, February 11, 2021
Nigeria's poultry industry faces spike in soybean prices
The price of soybean in Nigeria, a major ingredient used for poultry feed, has almost doubled in 2020, according to a market survey by Premium Times.
Wednesday, February 10, 2021
USDA: Export demand will cut into tight US corn and soybean supplies
The United States Department of Agriculture (USDA) said strong export demand will cut into tight US corn and soybean supplies mora than projected previously, Reuters reported.
Monday, February 1, 2021
Potential for soybean prices to rise further, says Cargill executive during USSEC event
In a recent virtual event hosted by the US Soybean Export Council (USSEC), Joe Stone, Cargill's head of corporate trading and executive vice president for the agricultural supply chain, said soybean prices could go higher as markets continu ...
Monday, January 25, 2021
United Soybean Board partnership launches pilot phase of Sustainably Grown US Soy mark
From January 19 to March 19, the United Soybean Board in the United States is teaming up with partners from Soylent and DuPont Nutrition & Biosciences in a pilot programme that identifies their products and ingredients as being made with su ...
Thursday, January 21, 2021
China's 2020 US soybean imports rose 52.8% compared to 2019, but short of trade target
China's General Administration of Customs data showed soybean imports from the United States increased 52.8% in 2020 compared to 2019, but the imports fell short of China's pledge in the Phase 1 deal agreed between both countries, Reuters r ...
Wednesday, January 13, 2021
USDA: Corn and soybean supplies lower due to harvest cuts
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be lower than projected due to a reduced estimate of last fall's harvest, Reuters reported.
Wednesday, December 23, 2020
US soybeans reach six-year high following weather problems and wage strike in Argentina
US soybeans reached its highest price in six years on the Chicago Board of Trade following weather issues and a wage strike in Argentina, Reuters reported.
Friday, December 11, 2020
United Soybean Board elects Illinois, US farmer as chair
US farm leaders of the United Soybean Board (USB) have elected Dan Farney from Morton, Illinois, as USB chair for the 2021 term and 10 other farmer-leaders to serve on the executive committee of the organisation during an annual meeting on ...
Monday, December 7, 2020
US soybean cargo is being unloaded at Paranagua port, Brazil
A spokeswoman for the Paranagua port authority in Brazil said 35,000 tonnes of soybeans from the United States, a rare cargo import into Brazil, was being unloaded at the Paranagua port after obtaining all regulatory permissions, Reuters re ...
Thursday, December 3, 2020
Nigerian poultry association calls for suspension of maize and soybean exports
The Poultry Association of Nigeria (PAN) has called on the federal government to immediately stop the export of soybean, soymeal and maize.
Thursday, November 26, 2020
Chinese soybean importers and processors looking to cancel US orders
Three trade sources said some soybean importers and processors in China are looking to cancel their soybean shipments from the United States scheduled for December and January, due to collapsed crushing margins after the Chicago futures ste ...
Tuesday, November 24, 2020
US soybean futures highest since June 2016 due to supply issues and South America dry conditions
United States soybean futures surged for a sixth successive session to its highest in four years, driven by lower US supplies and dry conditions in South American crop areas, Reuters reported.
Wednesday, November 18, 2020
US soybean farmers sell commodity for profit as soy prices rise
United States farmers sold soybeans freshly harvested soybeans for a profit as prices increased to its highest in four years this autumn, but Brazilian farmers lose out, Reuters reported.
Wednesday, November 11, 2020
US corn and soybean stockpiles drop to its lowest since 2013/14
The United States Department of Agriculture (USDA) said corn and soybean supplies in the US will drop to its lowest in seven years because of increased exports and decreased harvest estimations, Reuters reported.
Monday, November 9, 2020
Brazil issues regulation to facilitate imports of US GMO soybeans
Brazil's Agriculture Ministry issued a regulation to facilitate United States genetically modified (GMO) soybeans, giving legal security to imports of grains from the US by recognising the equivalence of GMO events approved in the US and Br ...
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