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Thursday, June 25, 2020
China's agriculture ministry approves first domestic GM soybean import for livestock feed use
Two genetically modified (GM) soybean varieties have been approved by China's Ministry of Agriculture and Rural Affairs, including one developed by Beijing Dabeinong Technology Group, the first Chinese engineered soybean approved for import ...
Tuesday, June 23, 2020
China Soymeal Weekly: Prices consolidate lower on cautious demand (week ended Jun 22, 2020)
China held its second round of reserves soy auction on June 19. With demand robust, closing prices were high and the 47,579 tonnes offered were fully sold within minutes.
Wednesday, June 17, 2020
China Soymeal Weekly: Lacklustre demand, weak prices (week ended Jun 15, 2020)
Demand for soymeal remained soft while the sales of hog feed were limited. Meanwhile, new outbreaks of the Wuhan coronavirus in Beijing sparked fears that the second wave of the pandemic might have started in China. Buyers withheld buying a ...
Tuesday, June 16, 2020
USDA reports China fresh purchase of soybeans
On June 15, private exporters reported export sales of 14.3 million bushels of soybeans to China during the 2020/2021 marketing year, USDA reported.
Friday, June 12, 2020
US exports 720,000 tonnes soybeans to China
US exported 720,000 tonnes of soybeans to China, the USDA said on Thursday, Reuters reported.
Wednesday, June 10, 2020
US soy council sees continued lower soybean meal demand
US packing plants continue to erode soybean meal demand by either being shut down or not running at full capacity, reported US Soybean Export Council.
Tuesday, June 9, 2020
Bayer weed killer used in soybean farming banned in the US
Bayer AG has been blocked by the US appeals court from selling its agricultural weed killer in the United States used by soybean farmers, Reuters reported.
Tuesday, June 9, 2020
Argentina government takes over soy crusher Vicentin
Argentina President Alberto Fernandez said the government will purchase bankrupt Vicentin in order save jobs and protect Argentina's food exports, Reuters reported.
Tuesday, June 9, 2020
China Soymeal Weekly: Market stable as crushers stand firm (week ended Jun 8, 2020)
Soymeal market stayed stable despite slow demand. As profits were low with prices plummeting 14% in two months, crushers were reluctant to cut prices further.
Wednesday, June 3, 2020
Chinese firms buy US soybeans even after government orders to stop purchases
Three cargoes of soybeans from the United States have been purchased by China state-owned companies, even after China's government ordered these companies to stop purchases, Reuters reported.
Saturday, May 30, 2020
EU feed industry on track for deforestation-free soy, says IDH report
A report by the Sustainable Trade Initiative (IDH) says that an estimated 38% of soybean meal consumption in Europe is compliant with the FEFAC Soy Sourcing Guidelines (SSG) and 19% is certified deforestation-free as of 2018, when the surve ...
Friday, May 29, 2020
China buys Brazilian soy as US trade tensions build up
As trade tensions with the US increase, China purchased over 10 cargoes of Brazilian soybeans this week in private transactions, according to sources familiar with the matter, Bloomberg reported.
Friday, May 22, 2020
USSEC conducts demo on optimising feed costs with US soybean meal
US Soybean Export Council's (USSEC) conducted a webinar for the Indonesian poultry industry on May 4, as part of the council's commitment to stay engaged with the stakeholders during the COVID-19 crisis, USSEC reported.
Thursday, May 21, 2020
USDA gives COVID-19 assistance payments for corn, soy, wheat
US farmers that grow crops including corn and soybeans will get COVID-19 aid payments based on either half of their 2019 output or their supplies as of January 15, the government said Tuesday, Reuters reported.
Tuesday, May 12, 2020
US soybeans face higher frost risk
With a low air temperature forecast on Saturday in the mid-20s, soybeans in US Michigan are more at risk of severe injury than corn, reported Monroe News.
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