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Thursday, February 4, 2021
Corteva projects 2021 profit above analysts' estimates thanks to strong demand for corn and soybean
Corteva Inc projected 2021 core earnings above estimates from analysts as strong demand for corn and soybean crops boosted prices for the commodities, in turn increasing demand for the company's seed and pesticide products, Reuters reported ...
Monday, February 1, 2021
China Soymeal: High crushing rates, increased soy harvest projection weaken market (week ended Feb 1, 2021)
Over the week, prices of CBOT March soy futures rebounded 4.5% from the previous week's 7% plunge.
Monday, February 1, 2021
Lowered production, yields further tighten soy balance sheet, according to USSEC's WASDE update
The US Soybean Export Council (USSEC) has recently held its monthly World Agricultural Supply and Demand (WASDE) briefing on January 12, featuring Mac Marshall, USSEC vice president of market intelligence, and analyst Nagaraj Meda, managin ...
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 ...
Monday, February 1, 2021
USSEC: US soy top of mind throughout Russian swine conference
In an effort to continue strong relationships with the Russian swine industry, the US Soybean Export Council (USSEC) recently participated in the International Pig Conference in Moscow, Russia, USSEC said last month.
Wednesday, January 27, 2021
US corn futures surge 4%, soy also up
Corn futures on the Chicago Board of Trade (CBOT) surged 4% after news of new export sales to China sparked concerns about tightening United States and world grain supplies, while soybean futures are up because of a possible slow start to ...
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 ...
Monday, January 25, 2021
China Soymeal: Market cools from strong rally (week ended Jan 25, 2021)
Over the week, prices of CBOT March soy futures plunged 7.4% after hitting levels unseen since June 2014, as speculators take profits.
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 20, 2021
Brazilian soy companies commit to zero deforestation
Brazilian soy traders CJ Selecta, Caramuru, and Imcopa have committed to a zero deforestation policy in their supply chains, putting the pressure on major commodity traders to fast-track their environmental commitments, Reuters reported.
Monday, January 18, 2021
China Soymeal: Prices surge 13%, on the way to 2013 highs (week ended Jan 18, 2021)
Over the week, prices of CBOT March soy futures surged 4.1·%.
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.
Tuesday, January 12, 2021
China plans to approve more domestic varieties of GMO corn and soy crops
China plans to approve the safety of Beijing Dabeinong Technology Group Co Ltd's genetically modified (GMO) corn variety and GMO soybean, Reuters reported.
Monday, January 11, 2021
HKScan Denmark updates roadmap for responsibly sourced soy
HKScan has expressed its strong commitment to continuously promote ethical and environmental responsibility within its supply chain of both food and animal feed.
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