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Thursday, December 29, 2022
China's pig producers tweak feed formulations as soybean supply tightens, prices increase
In the first half of 2022, soybean production in South America decreased substantially while soybean inventories in the United States dropped to low levels, hence supporting CBOT soybean prices.
Tuesday, December 27, 2022
Purdue University study shows soybean oil for biofuels has limited impact on overall food prices
The United Soybean Board (USB) partnered with Purdue University on a Food and Fuel study to evaluate whether the increased use of soybean oil in biofuels has contributed to the rising retail prices of food products for consumers in the Unit ...
Saturday, December 24, 2022
China's soybean imports expected to rise in 2023, will benefit Brazil farmers
Victor Martins, senior risk manager at HedgePoint Global Markets, said China will end the year with historically low soymeal carryover stocks, which means it will increase its imports of soybeans next year, Nasdaq 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, December 20, 2022
Argentina's special exchange rate for soybeans has resulted in more export sales
Argentina's "Export Increase Program" (PIE), a special exchange rate for soybeans, has resulted in US$1.824 billion worth of soybeans sold aboard, MercoPress reported.
Tuesday, December 20, 2022
China's biggest soybean producing province sets new output records this year
Data from China's National Bureau of Statistics showed the country's biggest soybean producing province, Heilongjiang, has set new records in 2022 for soybean output and planting area, Xinhua News reported.
Tuesday, December 13, 2022
China's wheat, corn, and soybean output in 2022 higher compared to last year
Data from China's National Bureau of Statistics showed the country's production of wheat, corn, and soybeans were higher compared to last year, Nasdaq reported.
Friday, December 9, 2022
74.2% of Argentina's 2021/22 soybean crop sold so far
Argentina's government said 74.2% of the country's current 2021/22 soybean harvest has been sold so far thanks to a preferential exchange rate, but sales have lagged behind totals seen at this same period in 2021, Nasdaq reported.
Friday, December 9, 2022
China's soybean imports in November dropped 14% year-on-year
China imported 7.35 million tonnes of soybean in November 2022, 14% lower compared to the same month last year, defying expectations for a significant increase following delayed customs clearance of cargos, Nasdaq reported.
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.
Friday, November 25, 2022
China key market for Brazilian soy and beef exports
Exports of Brazilian agri-products hit US$136.1 billion from January to October this year, 33% year-on-year, with China a key export market for Brazilian commodities including soybean and beef, MercoPress reported.
Tuesday, November 22, 2022
Argentina may reinstate special exchange rate for soybean producers
Argentina may reinstate a special exchange rate for soybean producers to boost exports, as the country needs more grain export dollars to recover its reserves, Hellenic Shipping News reported.
Tuesday, November 22, 2022
China considers large-scale soybean meal imports from Brazil
China, the biggest producer and consumer of soybean meal in the world, is considering to permit large-scale soybean meal imports from Brazil as it faces a domestic shortage, but market participants doubt crushers will import even if China a ...
Friday, November 18, 2022
Bolivia will lift ban on beef and soy exports following protests
The Bolivian government said it has lifted a ban on exports of key food products, such as beef and soybean, following ongoing strikes against the ban at the major lowland farming region of Santa Cruz, XM News reported.
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