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Tuesday, March 29, 2022
China Soymeal: Prices surge 46% in Q1 (week ended Mar 28, 2022)
Over the week, the closing price of CBOT May soy futures increased 2.5%.
Monday, March 28, 2022
India's poultry production affected by rising maize and soy prices
Vignesh Soundararajan, managing director of major Indian poultry firm Suguna Foods, said rising prices of maize and soy has resulted in increased production costs for the poultry sector this year, The Hindu reported.
Tuesday, March 22, 2022
Argentina raises export tax on soy oil and soymeal to 33%
Argentina has increased the export tax on soy oil and soymeal to 33%, two percentage points higher until end-2022 to combat domestic inflation, Reuters reported.
Monday, March 21, 2022
USDA: Corn production to increase 7.4% in 2021/22 period while drop expected for soybean
The United States Department of Agriculture (USDA) released its new monthly supply and demand reports for grains and oilseeds with significant adjustments made for soybean crops in South America.
Tuesday, March 15, 2022
China Soymeal: Prices break new records (week ended Mar 14, 2022)
Over the week, the closing price of CBOT May soy futures increased 0.94%.
Tuesday, March 15, 2022
Soybean meal futures reach seven-year high
Futures for soybean meal, a key component of animal feed, climbed to a seven-year high as top shipper Argentina suspended export registrations, another sign of countries curbing trade to protect domestic food markets.
Monday, March 14, 2022
Argentina stops export registration for soy oil and soymeal
Argentina has stopped the registration of export sales of soy oil and soymeal, which the domestic industry has disapproved, Reuters reported.
Tuesday, March 8, 2022
China's soybean imports in January and February 2022 higher year-on-year
Data from China's General Administration of Customs showed the country's soybean imports in January and February this year were higher than the same period in 2021, beating market expectations, Reuters reported.
Thursday, March 3, 2022
China purchases US soybeans on good profits
China has purchased US soybeans as American cargoes emerged competitive against shipments from Brazil, despite it currently being the peak period for soy exports from South America, Reuters reported.
Thursday, March 3, 2022
New US farmer-leaders appointed to United Soybean Board
The United States Department of Agriculture (USDA) announced the appointment of nine new US soybean farmers to serve on the United Soybean Board (USB) and reappointed eight directors for an additional term.
Tuesday, March 1, 2022
Soymeal futures in China reach a record high on tight bean supplies
Soymeal prices on China's Dalian Commodity Exchange rose to a record high even as the government plans to release soybeans from its reserves over concerns of tight supplies of the oilseed in the market, Reuters reported.
Tuesday, March 1, 2022
Soybean harvest in Argentina's central zone expected to be lowest in 14 years
Argentina's Rosario grains exchange said the country's 2021/22 soybean harvest in its central core farming region is expected to fall to its lowest level in 14 years due to drought, Reuters reported.
Thursday, February 24, 2022
China to boost soybean production
Tang Renjian, Minister of Agriculture and Rural Affairs of China, said the country aims to plant soybeans on every possible patch of land possible in 2022, as it looks to lessen its dependence on imports, Reuters reported.
Wednesday, February 23, 2022
ADM sets new record for largest soybean shipment from northern Brazil
U.S. grains merchant Archer-Daniels-Midland Co (ADM) said it had set a new record for the biggest soybean shipment of 84,802 tonnes in a single vessel from the Ponta da Montanha Grain Terminal (TGPM), located in Barcarena city, Reuters repo ...
Tuesday, February 22, 2022
CBOT soy up on investors buying streak
Speculators extended their Chicago Board of Trade (CBOT) soybean futures buying streak, with investors' optimism at its highest in more than a year, Reuters reported.
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