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Wednesday, April 3, 2024
Report highlights significance of US beef and pork exports for corn and soybean economies
A new report, conducted independently by Dave Juday of The Juday Group and released by the U.S. Meat Export Federation, underscored the integral role of US beef and pork exports in driving the economics of corn and soybean production, Brown ...
Monday, April 1, 2024
US soybean planted area to rise by 3% this year
The United States Department of Agriculture's (USDA) National Agricultural Statistics Service is predicting a 3% increase in US soybean planted area for 2024, according to the agency's annual Prospective Plantings report, which was released ...
Thursday, February 22, 2024
Indiana, US soybean alliance seeks buyers in Indonesia in latest trip
The soybean alliance of Indiana, the United States, recently led a 10-person delegation to Indonesia to meet with potential soybean buyers and tour various facilities in the country.
Wednesday, February 14, 2024
Missouri, US soybean yields aim to surpass national averages
Missouri, US soybean yields have the potential to match or even exceed national averages, according to University of Missouri Extension state soybean specialist Andre Reis, highlighting opportunities for growers to enhance productivity and ...
Wednesday, February 7, 2024
US wheat, corn, soybeans fall amid dollar strength and weak global demand
Chicago Board of Trade wheat, corn, and soybeans experienced declines, with soybeans reaching 24-month lows, influenced by a strong dollar and sluggish global import demand, dampening market sentiment, Nasdaq reported.
Wednesday, February 7, 2024
Total US soy exports add US$39.8 billion to US economy in marketing year 2022/23
US soy complex exports (whole soybean, soybean meal and soybean oil) added US$39.8 billion to the United States' economy in marketing year (MY) 2022/23 on a volume of 67.6 million metric tonnes (MMT), the United Soybean Board (USB) announce ...
Wednesday, January 24, 2024
China's soybean imports from Brazil surge in 2023, US market share declines
China saw a surge of 29% in soybean imports from Brazil in 2023, according to customs data, solidifying the South American nation's dominance in the world's largest soybean market and eroding United States market share, European Supermarket ...
Wednesday, January 24, 2024
Bangkok Produce Merchandising, Louis Dreyfus Company to collaborate on satellite mapping for soy traceability
Bangkok Produce Merchandising Public Company Limited (BKP), a subsidiary of Charoen Pokphand Foods Public Company Limited (CPF), and Louis Dreyfus Company (LDC) have signed a memorandum of understanding to collaborate on the utilisation of ...
Tuesday, January 23, 2024
USDA confirms 297,000 metric tonnes of soybean sales to China
The US Department of Agriculture (USDA) has officially confirmed private sales of 297,000 metric tonnes of US soybeans to China, the first soybean sales under the USDA's daily reporting rules since December 19, 2023 and notably, the first t ...
Monday, January 22, 2024
US' United Soybean Board releases 2023 Sustainability Overview report
The United Soybean Board (USB) on January 17 released its 2023 US Soy Sustainability Overview report.
Tuesday, January 16, 2024
US soybean processing sector eyes record monthly crush to cap banner year
As the United States soybean processing industry concludes what experts predict to be a stellar year, analysts anticipate another record-breaking monthly crush in December, according to projections ahead of the National Oilseed Processors A ...
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 ...
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