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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 ...
Thursday, December 28, 2023
China grants licences to 26 companies for commercial production of GMO corn and soybeans
China has granted licenses to 26 domestic seed companies, allowing them to produce, distribute, and sell genetically modified corn and soybean seeds in specific provinces, a pivotal step toward the commercial planting of genetically modifie ...
Wednesday, December 27, 2023
China's demand for soybean feed expected to drop by 9.1 million tonnes this year
China's agriculture ministry has projected that the country's demand for soybeans used as animal feed may drop by 9.1 million tonnes for the whole year of 2023 thanks to the country's efforts to reduce and substitute the use of soybean meal ...
Tuesday, December 19, 2023
US soybean exports face slowdown despite demand
Recent figures from the United States Department of Agriculture revealed a notable decline in soybean export inspections, reaching a 10-week low of 984,410 metric tonnes for the week ended December 7, 2023, Reuters reported.
Tuesday, December 19, 2023
Thai businesses introduced to US concepts of sustainable soybean production at Bangkok event
The Thailand Feed Mill Association (TFMA) organised a conference in Bangkok, Thailand, on December 15 where US experts introduced concepts of sustainable soybean production to local businesses.
Wednesday, December 13, 2023
Brazil's soybean planting reaches 91%
Brazil's soybean planting for the 2023/24 season has reached 91% of the expected area, according to agribusiness consultancy AgRural, Nasdaq reported.
Tuesday, December 12, 2023
China approves 51 GM corn and soybean varieties for commercial production
Chinese authorities have granted approval for the commercial production of 51 genetically modified (GM) corn and soybean varieties, following a three-year trial period during which these crops were planted in selected regions across the cou ...
Tuesday, December 12, 2023
US' United Soybean Board announces incoming CEO
The United Soybean Board (USB) in the United States has announced that Lucas Lentsch will join the organisation as its chief executive officer starting January 1, 2024.
Monday, December 11, 2023
USDA adjusts Brazil soybean projections amid weather challenges
In its December WASDE report, the United States Department of Agriculture (USDA) revised soybean production forecasts for Brazil due to erratic rainfall and heat stress, Gro Intelligence reported.
Monday, December 11, 2023
US soybean futures dipped on December 8 following USDA's estimate of Brazilian harvest
US soybean futures fell on December 8 after the US Department of Agriculture's (USDA) updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.
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