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Monday, February 1, 2021
Potential for soybean prices to rise further, says Cargill executive during USSEC event
In a recent virtual event hosted by the US Soybean Export Council (USSEC), Joe Stone, Cargill's head of corporate trading and executive vice president for the agricultural supply chain, said soybean prices could go higher as markets continu ...
Tuesday, January 26, 2021
Drop in soybean, corn futures attributed to South American weather, ASF in China
Soybean and corn futures have fell due to favorable South American weather and the resurgence of African swine fever in China, market sources told S&P Global Platts on January 25.
Monday, January 25, 2021
United Soybean Board partnership launches pilot phase of Sustainably Grown US Soy mark
From January 19 to March 19, the United Soybean Board in the United States is teaming up with partners from Soylent and DuPont Nutrition & Biosciences in a pilot programme that identifies their products and ingredients as being made with su ...
Thursday, January 21, 2021
China's 2020 US soybean imports rose 52.8% compared to 2019, but short of trade target
China's General Administration of Customs data showed soybean imports from the United States increased 52.8% in 2020 compared to 2019, but the imports fell short of China's pledge in the Phase 1 deal agreed between both countries, Reuters r ...
Wednesday, January 13, 2021
USDA: Corn and soybean supplies lower due to harvest cuts
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be lower than projected due to a reduced estimate of last fall's harvest, Reuters reported.
Friday, January 8, 2021
Soybean stockpiling, price rigging in Indonesia under police investigation
Soybean stockpiling and price fixing speculations are being investigated by the Indonesian police's Criminal Investigation Department as the cause of recent soybean scarcity in the country.
Wednesday, December 30, 2020
Brazilian soybean sales expected to remain high in 2021
Even on the back of a weak currency forecast, Brazilian soybean farmers are likely to witness another year of high supply and demand in 2021.
Tuesday, December 29, 2020
Cherkizovo shares interesting facts about soybeans
Cherkizovo Group is building an oil extraction plant in the Lipetsk Region, Russia, to meet its soybean processing needs.
Wednesday, December 23, 2020
China's total soybean imports for this year to hit record 100 million tonnes
An executive from leading state-owned grains trader COFCO Group said China's total soybean imports in 2020 is expected to hit more than 100 million tonnes, a record high, as China aims to rebuild its swine herd to meet surging demand for po ...
Wednesday, December 23, 2020
US soybeans reach six-year high following weather problems and wage strike in Argentina
US soybeans reached its highest price in six years on the Chicago Board of Trade following weather issues and a wage strike in Argentina, Reuters reported.
Friday, December 11, 2020
United Soybean Board elects Illinois, US farmer as chair
US farm leaders of the United Soybean Board (USB) have elected Dan Farney from Morton, Illinois, as USB chair for the 2021 term and 10 other farmer-leaders to serve on the executive committee of the organisation during an annual meeting on ...
Wednesday, December 9, 2020
China's soybean imports in November surge to 9.59 million tonnes
China's General Administration of Customs data showed the country's soybean imports rose to 9.59 million tonnes in November, up from 8.28 million tonnes in November 2019 as shipments from the United States following both countries' Phase 1 ...
Monday, December 7, 2020
US soybean cargo is being unloaded at Paranagua port, Brazil
A spokeswoman for the Paranagua port authority in Brazil said 35,000 tonnes of soybeans from the United States, a rare cargo import into Brazil, was being unloaded at the Paranagua port after obtaining all regulatory permissions, Reuters re ...
Friday, December 4, 2020
United Soybean Board convenes on December 9-10 to elect new leadership
The United Soybean Board's (USB) 78 US farmer-leaders will convene virtually on December 9-10 to report on the progress of 2020 projects, outline strategic priorities for 2021 and elect new leadership to help increase the value and preferen ...
Thursday, December 3, 2020
Nigerian poultry association calls for suspension of maize and soybean exports
The Poultry Association of Nigeria (PAN) has called on the federal government to immediately stop the export of soybean, soymeal and maize.
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