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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.
Friday, December 8, 2023
US' United Soybean Board elects new chair
US farmer-leaders of the United Soybean Board (USB) in the United States have elected Steve Reinhard as the organisation's 2024 chair along with the election of 10 other farmer-leaders to serve on USB's Executive Committee.
Thursday, December 7, 2023
China Soymeal: Prices dip over 7% in three weeks (week ended Dec 4, 2023)
Over the week, the closing price of CBOT January soy futures inched lower by 0.42%.
Friday, December 1, 2023
South Korea's Agro-Fisheries Corp re-tenders for non-GMO soybeans
South Korea's state-backed Agro-Fisheries & Food Trade Corp has cancelled an international tender for the acquisition of approximately 50,000 metric tonnes of food-quality non-GMO soybeans, and issued a new tender for the same volume, a ...
Thursday, November 30, 2023
Increase in US Chicago soybean futures as weather inhibits Brazil's yieds
US Chicago soybean futures edged higher on November 29, extending gains from the previous session, as traders assessed the impact of hot and dry weather conditions in Brazil that are reducing yields in the world's top producer.
Tuesday, November 28, 2023
Rains keep hopes alive for Argentine soybean output to hit 50 million tonnes in 2023/24
Rains in Argentina have helped restore soil moisture in preparation for the country's new soybean season of 2023/24, which is progressing steadily toward April of next year.
Tuesday, November 28, 2023
Estimates for Brazil's soybean crop in 2023/24 cut as weather likely to upset output
Agribusiness consultancies Safras & Mercado and hEDGEpoint reduced their estimates for Brazil's 2023/24 soybean crop on November 24, as consensus grows that bad weather will hamper output in the world's largest producer and exporter.
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