In Germany, rapeseed prices have risen sharply over the month on firm Paris prices and buoyant demand from processors, according to the latest data from UFOP. The group adds that supply in the cash market is scarce despite higher bids, while fears of crop failures caused by drought reduce producers’ interest in closing contracts. Demand […]
Search Results for 'soybeans'
In Missouri, the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri says larger corn and soybean crops translate into lower projected 2014/15 prices for many grains and oilseeds. Corn prices drop to $3.50 per bushel, soybeans to $9.92 per bushel and wheat to $5.91. In all three cases, these projected prices […]
In Missouri, the Food and Agricultural Policy Research Institute at the University of Missouri has released its baseline briefing book for agriculture and biofuels in the US. The reports shows the likelihood of $4 corn and $10 soybeans with fewer corn acres planted and more soybeans planted. It also anticipates the RFS to remain in […]
In Iowa, Dow AgroSciences and MS Technologies announced that the USFDA has completed its consultation for Enlist E3 soybeans. The agency has no further questions based on submitted data that concluded Enlist E3 soybeans are not different in composition, safety, and other relevant parameters from soybean-derived food and feed currently on the market. This advanced […]
In Missouri, a research effort to increase the amount of oleic acid found in soybean oil is already underway after the FDA announced its conclusion that trans fats are unsafe in food at the University of Missouri. Developing high oleic acid content traits in soybeans would avoid genetically modifying the beans, and could benefit the […]
In New York, researchers at the U.S. Department of Energy’s Brookhaven National Laboratory have developed an effective catalyst could replace costly platinum in the production of hydrogen. The catalyst, made from renewable soybeans and abundant molybdenum metal, produces hydrogen, cost-effective manner, potentially increasing the use of this clean energy source. Assisting in the research were […]
In New York, the Dow Jones ended 2012 down 1.14%, but with the single commodity index for soybeans shooting up 23.85% in year-end returns. Soybean meal also skyrocketed 48.94%, and on the downside, natural gas ended the year down 30.70%. More on the story.
In Canada, low oil prices are hitting demand for ethanol, with the Canadian Renewable Fuels Association only expecting refiners to blend the mandated 5% rather than up to 7.5% as they have done in the past. It expects biodiesel to only be blended at the mandated 2% as well but is lobbying for the mandate […]
In Argentina, FMO, the Dutch development bank, and Credit Agricole-CIB have arranged a USD 32.5 million facility for the construction of a USD 65 million green-field grain terminal in Quequén, one of the two deep sea grain ports in Argentina. The terminal will be used to store and load soybeans, soy meal, wheat, corn and […]
In Argentina, the national government increased retentions on biodiesel by mistake from 3.3 to 32 percent. Production authorities have assured producers that in the coming days there will be a rectifying measure. The withholding scheme is reducing this tax in the case of soybeans. Wheat, sunflower and maize, for example, were at zero percent. Latches […]