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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.
Wednesday, June 14, 2023
US soybean processing pace expected to slow for second consecutive month in May
Analysts predict that the pace of soybean processing in the US likely slowed for the second month in a row in May as some crushers temporarily halted operations for seasonal maintenance, MarketScreener reported.
Thursday, May 18, 2023
US soybean production set to rise, export market poses challenges
Industry analysts are predicting a substantial increase in US soybean production this year, with hundreds of millions of additional bushels, but they warned that it is going to be a challenging market for US soybean exports, RFD-TV reported ...
Thursday, April 20, 2023
US soybean crush jumps to 15-month high
The National Oilseed Processors Association (NOPA) said US soybean crush jumped to a 15-month high and the second highest level for any month on record in March, Nasdaq reported.
Tuesday, January 3, 2023
US soybean crushings in November likely declined
Analysts said US soybean crushings likely fell in November 2022 to 5.706 million short tonnes, or 190.2 million bushels, ahead of a monthly US Department of Agriculture (USDA) report, Successful Farming reported.
Wednesday, October 12, 2022
US soy checkoff supports research to expand key soybean meal export infrastructure
To provide efficient access and bolster international trade markets for US soybean meal, the United Soybean Board (USB) will invest US$400,000 in the research, analysis and design costs of the Port of Grays Harbor's Terminal 4 Expansion and ...
Thursday, September 15, 2022
US soybean processing pace in August 2022 down from previous month
Analysts predicted that the US soybean processing pace in August would have slowed from the previous month, as some crushers idled facilities for seasonal maintenance in preparation for the Midwest harvest, Reuters reported.
Thursday, July 28, 2022
US soy checkoff farmer-leaders approve investments to drive demand for US soybeans
The farmer-leaders of the United States' United Soybean Board (USB) convened for its summer board meeting on July 26-27 in Kalamazoo, Michigan, to approve a 2023 fiscal year budget of US$123 million for programme work, starting October 1, 2 ...
Monday, June 27, 2022
Increase in US soybean futures on June 24
US soybean futures rose on June 24, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said.
Thursday, March 31, 2022
US soy checkoff releases 2021 Sustainability Overview report
The soy checkoff of the United States released its inaugural US Soy Sustainability Overview which outlines key environmental achievements made by US soybean farmers.
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.
Friday, February 18, 2022
Louis Dreyfus Company reports fire at its biggest US soy processing facility
Louis Dreyfus Company (LDC) said a fire broke out at its biggest US soy processing facility in Claypool, Indiana, which resulted in a suspension of soybean deliveries from the plant, Reuters reported.
Thursday, January 6, 2022
US soy checkoff's new strategic plan brings value to soybean farmers
US farmer-leaders of the United Soybean Board (USB) announced a new strategic plan that prioritises sustainable soy solutions for global and domestic customers while ensuring value and profitability for US soybean farmers.
Wednesday, November 24, 2021
Sharp plunge in US soybean exports to China in October due to logistical disruptions
The US soybean exports to China in October fell sharply compared with last year amid logistical disruptions caused by Hurricane Ida in the US Gulf Coast, market sources told S&P Global Platts on November 23.
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