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Monday, July 27, 2020
China Soymeal Weekly: Crushers' inventories dwindle rapidly amid strong demand (week ended Jul 27, 2020)
Anticipating soy harvests to be poorer than expected, buyers eagerly stockpiled inventories of soymeal. Inventories of crushers dwindled rapidly over the past two weeks. Some crushers reported that pre-orders were so strong that at least ha ...
Saturday, July 18, 2020
China purchases more US soybeans
Private importers in China booked more US soybeans on Wednesday as the end of Brazil's export season approached, according to traders, Reuters reported.
Tuesday, July 14, 2020
US university leads effort to develop heat stress-resilient soybeans
A team, led by Kansas State University (US) agronomy professor and soybean breeder Bill Schapaugh, is just starting work on a three-year effort to develop soybean varieties that will better withstand heat stress in the critical post-floweri ...
Saturday, July 11, 2020
International banks allege soy crusher Vicentin of diverting funds
Banks owed money by cash-strapped Vicentin are accusing the firm of diverting hundreds of millions of dollars and have asked a US court to subpoena records as part of a lawsuit, including wire transfers and bank statements, Reuters reported ...
Friday, July 10, 2020
US soy council holds digital aquaculture conference
The US Soybean Export Council (USSEC) held the "COVID-19 and the Implications to Aquaculture" conference for the aquaculture industry during a global event hosted on May 20, 2020, the council announced.
Monday, July 6, 2020
China purchased more US corn and soybean in May
The United States exported large orders of corn, soybean and other agriculture goods to China in May, but China is still far from meeting its Phase 1 US-China trade deal pledge, Bloomberg reported.
Monday, July 6, 2020
Labour shortage due to COVID-19 may affect US soybean and corn harvests
United States wheat farmers are affected by the shortage of seasonal immigrants who come to work on farms due to COVID-19, which may affect soybean and corn harvests that begin in September, Reuters reported.
Thursday, July 2, 2020
US researchers eye to improve soybean quality
Several US researchers from different universities, led by Ignacio Ciampitti, are working on a project focused on the improvement of soybean quality, US Soybean Export Council reported.
Friday, June 26, 2020
China's soy buyers ask guarantee of coronavirus-free cargoes
Soybean buyers are asking China's exporters to sign a letter assuring their cargoes are not infected with the new coronavirus, US, Brazilian and Canadian soy industry officials stated on Tuesday, Reuters reported.
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.
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