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Tuesday, November 3, 2020
US grain export terminal loading 38,000 tonnes of soybeans for shipment to Brazil
A Southport Agencies shipping lineup showed 38,000 tonnes of soybeans from the United States is being shipped to Brazil at a Baton Rouge, Louisiana grain export terminal, Reuters reported.
Tuesday, November 3, 2020
Soy farmers in Brazil plant 1 million hectares daily to catch up on sowing delays
Consultancy AgRural said Brazilian soy farmers planted about 1 million hectares of soybean daily last week to catch up on sowing delays for the new grain season, Reuters reported.
Tuesday, November 3, 2020
ADM CEO: COVID-19 outbreaks push demand for US corn and soybeans
Juan Luciano, Archer Daniels Midland (ADM) chief executive officer, said the COVID-19 pandemic is pushing government's food security worries, as importers need US corn and soybeans to meet increased demand, Reuters reported.
Tuesday, November 3, 2020
China Soymeal: Price rally takes a break (week ended Nov 2, 2020)
Over the week, prices of CBOT January soy futures decreased 2.3%.
Friday, October 30, 2020
USDA announces new farmer appointments to United Soybean Board
US Secretary of Agriculture Sonny Perdue has appointed eight new soybean farmers to the United Soybean Board (USB) and reappointed 11 directors for an additional term.
Monday, October 26, 2020
China Soymeal: 22% price surge since June (week ended Oct 26, 2020)
Demand for soymeal was firm as feed producers stocked inventories in view of expanding hog feed consumption and tight soymeal availability due to the disappointing soy harvests. Additionally, the costs of soymeal production are set to rise ...
Monday, October 26, 2020
China imports 51% more soybeans year-on-year from Brazil in September
China's General Administration of Customs said the country had imported 51.4% more soybeans in September compared to the same month in 2019, as cargos bought earlier this year cleared customs, Reuters reported.
Thursday, October 22, 2020
Despite tight supplies, Brazil not likely to import US soybeans: FAS
The United States Department of Agriculture's Foreign Ag Service (FAS) says it is unlikely that Brazil will import soybeans from the US, even while the country is facing tight supplies, Brownfield Ag News reported.
Wednesday, October 21, 2020
China Soymeal: Strong price surge amid supply concern, rising costs (week ended Oct 19, 2020)
Over the week, prices of CBOT November soy futures increased 2.3%.
Tuesday, October 20, 2020
Soy Innovation Challenge selects finalists who will disrupt soy value chain
After a careful review of over 89 worldwide applicants, The Yield Lab Institute - in partnership with the United Soybean Board, Syngenta and Amazon Web Services - has announced the cohort finalists for the Soy Innovation Challenge.
Monday, October 19, 2020
Brazil corn and soy tariffs suspended until early-2021
Brazil's Economy Ministry said it will suspend corn and soy import tariffs from countries outside the Mercosur trade bloc until early-2021 to lower food prices that are increasing inflation, Reuters reported.
Thursday, October 15, 2020
Argentina's Labour Ministry ends soy workers strike
Argentina's Labour Ministry ended a Federation of Oilseeds Workers strike that had stopped soy processing at Cargill, Bunge, Glencore, and Dreyfus plants, Reuters reported.
Tuesday, October 13, 2020
Brazil's President Jair Bolsonaro to meet soy farmers over inflated soybean prices
Brazilian President Jair Bolsonaro will meet domestic soy farmers next week to talk about increased soy prices, Brazil's most important export commodity, Reuters reported.
Tuesday, October 13, 2020
India's soy production expected to drop nearly 15%
Excessive rain during harvesting and pest diseases have hampered India's soy production and its output is expected to be close to 15% lesser than a previous estimate, Reuters reported.
Monday, October 12, 2020
US corn and soybean supplies less than previously projected
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be smaller than estimated due to adverse weather reducing the farmers' harvest acreage, Reuters reported.
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