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Thursday, July 28, 2022
US soy checkoff farmer-leaders approve investments to drive demand for US soybeans
The farmer-leaders of the United States' United Soybean Board (USB) convened for its summer board meeting on July 26-27 in Kalamazoo, Michigan, to approve a 2023 fiscal year budget of US$123 million for programme work, starting October 1, 2 ...
Thursday, July 28, 2022
Soymeal prices may rise as consumers choose chicken over beef
Major crop trader Archer-Daniels-Midland Co (ADM) said consumers, affected by the worst inflation in 40 years, are choosing chicken over beef, signalling that prices for soymeal may rise as chicken feed is made from corn mixed with soybean ...
Wednesday, July 20, 2022
China Soymeal: Prices rebound on improved demand (week ended Jul 18, 2022)
Over the week, the closing price of CBOT November soy futures plummeted 3.9%.
Tuesday, July 19, 2022
South Korea's NOFI seeks to acquire up to 60,000 tonnes of soymeal
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 60,000 tonnes of soymeal, European traders said on July 18.
Thursday, July 14, 2022
China's soybean imports in June 23% down year-on-year due to weak demand
China's General Administration of Customs data showed soybean imports in June dropped 23% down year-on-year to 8.25 million tonnes due to weak demand and soaring global prices, Reuters reported.
Tuesday, July 5, 2022
China Soymeal: Ample supply weighs down prices (week ended Jul 4, 2022)
Over the week, the closing price of CBOT July soy futures fell further by 2%.
Friday, July 1, 2022
Brazil expected to harvest about 148 million tonnes of soy next season
Farmers in Brazil are expected to harvest close to 148 million tonnes of soybean in the upcoming season, as they grow plantings and increase yields following a dry spell that cut productions in current crop year that is about to end, Reuter ...
Monday, June 27, 2022
Increase in US soybean futures on June 24
US soybean futures rose on June 24, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said.
Saturday, June 11, 2022
China imports more soybeans in May as delayed cargoes arrive
Data from China's General Administration of Customs showed the country imported 20% more soybeans in May compared to April, as delayed cargoes arrived, Reuters reported.
Saturday, May 28, 2022
China's COVID-19 restrictions slash soyoil demand, soybean imports down
Traders and analysts said COVID-19 lockdowns to prevent the spread of the virus has cut demand for soyoil, which will also result in declining soybean imports and short supply of soymeal, Reuters reported.
Wednesday, May 18, 2022
Cargill to build new soybean processing facility in Southeast Missouri, US
Cargill has unveiled plans to build a new soybean processing facility located in Pemiscot County, Missouri, the United States, to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets.
Tuesday, May 17, 2022
China Soymeal: Prices higher by 14% on-tear despite 20% plunge from March high
Over the week, the closing price of CBOT July soy futures rebounded 1.5%.
Thursday, May 12, 2022
China's soybean imports up in April
Data from China's General Administration of Customs showed the country's soybean imports were higher in April compared to the month prior, thanks to incoming cargoes delayed by bad weather and slow harvests in South America, Reuters reporte ...
Wednesday, May 4, 2022
Brazilian meat, soy, and wheat exports to Arab nations on the rise
Brazilian exports of meat, soy, wheat, and other commodities to 22 countries in the League of Arab Nations increased in the first quarter of 2022, during a time of soaring agricultural commodities prices and rising demand to stock up on foo ...
Monday, May 2, 2022
India approves imports of 550,000 tonnes of GM soymeal
India has approved the import of an additional 550,000 tonnes of genetically modified (GM) soymeal for its domestic poultry sector affected by soaring prices of livestock feed, Reuters reported.
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