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Wednesday, February 7, 2024
Total US soy exports add US$39.8 billion to US economy in marketing year 2022/23
US soy complex exports (whole soybean, soybean meal and soybean oil) added US$39.8 billion to the United States' economy in marketing year (MY) 2022/23 on a volume of 67.6 million metric tonnes (MMT), the United Soybean Board (USB) announce ...
Tuesday, January 16, 2024
US soybean processing sector eyes record monthly crush to cap banner year
As the United States soybean processing industry concludes what experts predict to be a stellar year, analysts anticipate another record-breaking monthly crush in December, according to projections ahead of the National Oilseed Processors A ...
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 ...
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.
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, November 17, 2023
US soybean processors achieve record crush in October
In a recent report by the National Oilseed Processors Association (NOPA), United States soybean processors marked a historic milestone with a record-breaking crush in October, while soyoil stocks plummeted to their lowest point in almost ni ...
Tuesday, November 14, 2023
United Soybean Board: Infrastructure investments give US soybean growers competitive edge
The United Soybean Board (USB) invests in many infrastructure projects in the United States that will help increase profits for US soybean growers and the industry itself, which is undergoing significant changes, the organisation said.
Thursday, November 9, 2023
China makes biggest one-day purchases of US soybean in three months
China booked its largest single-day US soybean purchases in at least three months on November 7, traders said, offering a glimmer of hope for the most valuable US farm export after overseas sales of the 2023 harvest had fallen well behind t ...
Thursday, November 2, 2023
US soybean crush expected to reach record levels
Analysts are forecasting that the United States soybean crush for September is likely to reach 5.249 million short tonnes, equivalent to 175.0 million bushels, according to the average estimates of seven analysts, Nasdaq reported.
Thursday, October 26, 2023
Chinese delegation signs agreements to buy billions of dollars worth of US soybeans, corn
A delegation of Chinese commodity importers signed agreements to purchase billions of dollars' worth of United States agricultural goods, primarily soybeans, during a ceremony in Iowa, US, Channel News Asia reported.
Tuesday, October 24, 2023
Louis Dreyfus to construct Ohio, US soybean plant amid North American expansion
Louis Dreyfus Company has announced its plans to establish a soybean-processing plant in Ohio, United States. This move aligns with the surging growth of oilseed crushing in North America, driven by the increasing use of biofuels, Reuters r ...
Monday, September 25, 2023
US soybean futures increase on September
US soybean futures rose on September in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying.
Wednesday, August 30, 2023
New study finds US soybean industry has US$124 billion impact on US economy
The National Oilseed Processors Association (NOPA) and the United Soybean Board (USB) in the United States have announced the availability of a new study, "The Economic Impact of the U.S. Soybeans & End Products on the U.S. Economy ...
Thursday, August 10, 2023
US soybean futures drop amid favourable weather, wheat surges on global supply concerns
Chicago Board of Trade (CBOT) soybean futures experienced a decline of 2.5% on Monday driven by widespread rainy conditions across crucial US crop regions, while wheat prices were up due to global supply concerns, Successful Farming reporte ...
Monday, July 3, 2023
US soybean planting falls short of projections, corn acreage increases
According to reports issued by the US Department of Agriculture (USDA), American farmers are planting fewer acres of soybeans than previously anticipated, while increasing the acreage for corn, MarketScreener reported.
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