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Monday, February 1, 2021
Lowered production, yields further tighten soy balance sheet, according to USSEC's WASDE update
The US Soybean Export Council (USSEC) has recently held its monthly World Agricultural Supply and Demand (WASDE) briefing on January 12, featuring Mac Marshall, USSEC vice president of market intelligence, and analyst Nagaraj Meda, managin ...
Monday, February 1, 2021
Potential for soybean prices to rise further, says Cargill executive during USSEC event
In a recent virtual event hosted by the US Soybean Export Council (USSEC), Joe Stone, Cargill's head of corporate trading and executive vice president for the agricultural supply chain, said soybean prices could go higher as markets continu ...
Monday, February 1, 2021
USSEC: US soy top of mind throughout Russian swine conference
In an effort to continue strong relationships with the Russian swine industry, the US Soybean Export Council (USSEC) recently participated in the International Pig Conference in Moscow, Russia, USSEC said last month.
Wednesday, January 27, 2021
US corn futures surge 4%, soy also up
Corn futures on the Chicago Board of Trade (CBOT) surged 4% after news of new export sales to China sparked concerns about tightening United States and world grain supplies, while soybean futures are up because of a possible slow start to ...
Monday, January 25, 2021
United Soybean Board partnership launches pilot phase of Sustainably Grown US Soy mark
From January 19 to March 19, the United Soybean Board in the United States is teaming up with partners from Soylent and DuPont Nutrition & Biosciences in a pilot programme that identifies their products and ingredients as being made with su ...
Thursday, January 21, 2021
China's 2020 US soybean imports rose 52.8% compared to 2019, but short of trade target
China's General Administration of Customs data showed soybean imports from the United States increased 52.8% in 2020 compared to 2019, but the imports fell short of China's pledge in the Phase 1 deal agreed between both countries, Reuters r ...
Wednesday, January 13, 2021
USDA: Corn and soybean supplies lower due to harvest cuts
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be lower than projected due to a reduced estimate of last fall's harvest, Reuters reported.
Wednesday, December 30, 2020
Argentina soy crushers and oilseed workers sign deal, end grains port strike
Argentina's soy crushing companies and oilseed workers' unions signed deal to increase workers' salaries, ending a strike that lasted for 20 days that affected grains exports like soymeal, Reuters reported.
Wednesday, December 23, 2020
US soybeans reach six-year high following weather problems and wage strike in Argentina
US soybeans reached its highest price in six years on the Chicago Board of Trade following weather issues and a wage strike in Argentina, Reuters reported.
Friday, December 11, 2020
USDA: Domestic soy supplies smaller than projected due to high processor demand
The United States Department of Agriculture's (USDA) World Agricultural Supply and Demand Estimates (WASDE) monthly report showed the country's soybean supplies was smaller than previously estimated because of surging demand from domestic p ...
Friday, December 11, 2020
United Soybean Board elects Illinois, US farmer as chair
US farm leaders of the United Soybean Board (USB) have elected Dan Farney from Morton, Illinois, as USB chair for the 2021 term and 10 other farmer-leaders to serve on the executive committee of the organisation during an annual meeting on ...
Monday, December 7, 2020
US soybean cargo is being unloaded at Paranagua port, Brazil
A spokeswoman for the Paranagua port authority in Brazil said 35,000 tonnes of soybeans from the United States, a rare cargo import into Brazil, was being unloaded at the Paranagua port after obtaining all regulatory permissions, Reuters re ...
Thursday, December 3, 2020
US soy futures dip following Brazil rain forecasts
Soybean futures on the benchmark Chicago Board of Trade (CBOT) dropped to its lowest in 2 and 1/2 weeks on December 2, as traders said Brazil rain forecasts for its crop area triggered a round of long liquidation and profit-taking, Reuters ...
Thursday, December 3, 2020
Nigerian poultry association calls for suspension of maize and soybean exports
The Poultry Association of Nigeria (PAN) has called on the federal government to immediately stop the export of soybean, soymeal and maize.
Thursday, November 26, 2020
Chinese soybean importers and processors looking to cancel US orders
Three trade sources said some soybean importers and processors in China are looking to cancel their soybean shipments from the United States scheduled for December and January, due to collapsed crushing margins after the Chicago futures ste ...
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