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Wednesday, March 15, 2023
Brazil's corn shipments to China decline in February due to focus on soybeans
Brazil's corn shipments to China dropped sharply in February 2023 due to the increased focus on soybean shipments, and the shift in Chinese buyers towards other countries such as the US and Ukraine for their corn supplies, Nasdaq reported.
Thursday, March 9, 2023
US government slashes Argentina's soybean and corn harvest forecast
The US government estimates Argentina's upcoming soybean harvest will be nearly 20% lower than previously forecast due to hot and dry conditions that have wilted crops there throughout the growing season, Nasdaq reported.
Friday, February 24, 2023
US shipped US$36.4 billion worth of farm goods to China in 2022, soybean exports reach new high
Data from the US government showed the US shipped US$36.4 billion worth of agriculture goods to China last year, increasing year-on-year for a second year, with soybean exports reaching a new high, Global Times reported.
Wednesday, February 1, 2023
Poor rainfall in Argentina may affect soybean supply and push prices higher
South America will continue to play a significant role in the direction of soybean prices, with rainfall in Argentina possibly affecting soybean supply and drive up global prices for the commodity if rain is less than expected, Nasdaq repor ...
Monday, January 30, 2023
USB: US research identifies $400 million in unrealised soybean value
Five organisations in the United States are working together to achieve the full genetic yield potential of soybean, the United Soybean Board (USB) said.
Tuesday, January 17, 2023
USDA says corn and soybean output down last year
The US Department of Agriculture's (USDA) National Agricultural Statistics Service 2022 Crop Production Annual Summary showed that corn and soybean production in the country declined in 2022 compared to the year prior, MorningAg 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.
Friday, December 23, 2022
China's soybean imports from the US in November fall 6.9% year-on-year
Data from China's General Administration of Customs showed soybean imports from the US in November fall 6.9% compared to the year prior, after low US river levels disrupted shipping of beans to ports for export, Hellenic Shipping News repor ...
Tuesday, November 29, 2022
New US farmer-leaders appointed to United Soybean Board
The United States Department of Agriculture announced the appointment of 19 new farmer-leaders to serve on the United Soybean Board (USB).
Monday, November 28, 2022
Deere expects US corn and soybean farming to be autonomous by 2030
Deere & Co, a major farm machinery maker, expects US corn and soybean farming to be fully autonomous by 2030, Bloomberg reported.
Thursday, November 10, 2022
Uruguay soybean farmers fend off drought using technology
Uruguayan soybean farmers are using new technology to fight off drought in the country, with 2023's harvest expected to reach about 3 million metric tonnes despite forecasts of dry weather in the River Plate growing region until January 202 ...
Wednesday, October 26, 2022
US' United Soybean Board launches Soy Innovation Challenge to increase value for soybean meal
The United Soybean Board (USB) in the United States and the Yield Lab Institute (YLI) challenge companies to create innovations that increase the use and value of soybean meal in existing markets through the Soy Innovation Challenge.
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 ...
Friday, September 30, 2022
Brazil's biggest soybean processor secures US$80 million loan linked to sustainability
Julio Costa, chief executive of Brazil's biggest soybean processor, Caramuru Alimentos, has secured a US$80 million loan linked to the company's sustainability goals, with proceeds channeled towards investment in export and production of so ...
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.
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