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Monday, January 15, 2024
Suez Canal siltation causes soybean shortage in Indonesia
The President Director of Indonesia's State Logistics Agency (Bulog), Bayu Krisnamurthi, highlighted the impact of siltation in the Suez Canal on soybean supply, leading to a shortage of the grain in Indonesia, Antara reported.
Friday, January 12, 2024
Brazil's CONAB adjusts downward soybean and corn production projections
Brazil's National Supply Company (CONAB), the equivalent of the United States Department of Agriculture (USDA), has revised its outlook downwards for soybean and corn production, attributing the month-to-month reductions to adverse weather ...
Thursday, January 11, 2024
EU soybean imports up slightly from previous year
European Union's soybean imports during the current 2023/24 season, commencing in July, have reached 6.00 million metric tonnes by January 7, 2024, a slight increase from the 5.96 million recorded the previous year, XM reported.
Friday, January 5, 2024
Arkansas, US anticipates record soybean yields despite 2023 challenges
Soybean yields are poised to reach unprecedented heights in Arkansas, United States, with an estimated average of 53 bushels per acre, according to Jeremy Ross, soybean extension agronomist for the University of Arkansas System Division of ...
Thursday, January 4, 2024
Tanzania bans soybean imports from Malawi due to virus threat
Tanzania has officially prohibited the import of soybeans from Malawi, citing concerns over the presence of the tobacco ringspot virus in its neighbouring country, VOA News reported.
Tuesday, January 2, 2024
Latin American soybean crushing expected to surge in 2024
Latin American soybean crushing volumes are anticipated to witness a substantial increase in 2024, propelled by a recovery in Argentina's crop output and an elevated biodiesel mandate set for Brazil, S&P Global reported.
Saturday, December 30, 2023
US soybean exports set for Q1 boost as Brazil faces planting delays
United States soybean exports are anticipated to receive a significant boost in the first quarter of 2024 due to delays in Brazil's planting for the marketing year 2023/24, as industry experts suggest that this delay may support oilseed fut ...
Tuesday, December 19, 2023
US soybean exports face slowdown despite demand
Recent figures from the United States Department of Agriculture revealed a notable decline in soybean export inspections, reaching a 10-week low of 984,410 metric tonnes for the week ended December 7, 2023, Reuters reported.
Tuesday, December 19, 2023
Thai businesses introduced to US concepts of sustainable soybean production at Bangkok event
The Thailand Feed Mill Association (TFMA) organised a conference in Bangkok, Thailand, on December 15 where US experts introduced concepts of sustainable soybean production to local businesses.
Tuesday, December 12, 2023
US' United Soybean Board announces incoming CEO
The United Soybean Board (USB) in the United States has announced that Lucas Lentsch will join the organisation as its chief executive officer starting January 1, 2024.
Monday, December 11, 2023
USDA adjusts Brazil soybean projections amid weather challenges
In its December WASDE report, the United States Department of Agriculture (USDA) revised soybean production forecasts for Brazil due to erratic rainfall and heat stress, Gro Intelligence reported.
Monday, December 11, 2023
US soybean futures dipped on December 8 following USDA's estimate of Brazilian harvest
US soybean futures fell on December 8 after the US Department of Agriculture's (USDA) updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.
Friday, December 8, 2023
US' United Soybean Board elects new chair
US farmer-leaders of the United Soybean Board (USB) in the United States have elected Steve Reinhard as the organisation's 2024 chair along with the election of 10 other farmer-leaders to serve on USB's Executive Committee.
Thursday, November 30, 2023
Increase in US Chicago soybean futures as weather inhibits Brazil's yieds
US Chicago soybean futures edged higher on November 29, extending gains from the previous session, as traders assessed the impact of hot and dry weather conditions in Brazil that are reducing yields in the world's top producer.
Tuesday, November 21, 2023
Drought upsets Argentina's soybean crushing in September
Argentina's soybean crushing in September 2023 reached just 1.9 million tonnes, representing the lowest level of crushing for the month since the 2000/01 season, according to latest official data published by the country's Secretariat of Ag ...
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