Tag: soybean

Brazilian industry looking at way to reduce soybean exports to China

Brazilian industry looking at way to reduce soybean exports to China

November 8, 2018 |

In Brazil, Reuters reports that Ubrabio wants the government to return 10% of the taxes levied on soybean exports to be returned to crushers so they can compete with international demand for whole beans. China has been importing Brazilian soybeans en masse in response to the trade war with the US that has in turn […]

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Chinese demand for Brazilian soy leaves biodiesel producers without feedstock

Chinese demand for Brazilian soy leaves biodiesel producers without feedstock

October 8, 2018 |

In Brazil, Bloomberg reports that thanks to demand for soybeans from China that have seen premiums double this past year, domestic soybean crushers are expected to hold off until the harvest begins in 2019 because of negative margins. So, while overall exports of soybeans are up 13% on the year through September with 91% of […]

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Soybean ending stocks increasing strongly

Soybean ending stocks increasing strongly

September 30, 2018 |

In Germany, UFOP reports that world soybean production in the 2018/19 marketing year will likely be higher than previously expected. Since Chinese demand is shrinking, stocks could surge to a record high. In its September report, the USDA raised its estimate of global soybean production for 2018/19 by 2.2 million tonnes to 369.3 million tonnes. […]

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Trade disruptions impacting soybean, corn and ethanol industries

Trade disruptions impacting soybean, corn and ethanol industries

September 27, 2018 |

In Iowa, a new study by researchers at the Center for Agricultural and Rural Development (CARD) at Iowa State University reveals the impacts that current trade disruptions are having on Iowa’s economy. The CARD study calculated that Iowa’s soybean industry faces losing between $159 million and $891 million. The state’s corn industry may lose between […]

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China’s tariffs hurting U.S. soybean exports

China’s tariffs hurting U.S. soybean exports

September 9, 2018 |

In Missouri, the University of Missouri’s Food and Agriculture Policy Research Institute (FAPRI) published an analysis update to its March 2018 U.S. Baseline Outlook for Agricultural and Biofuel Markets which shows that China’s tariffs are reducing U.S. soybean exports. The marketing year average (MYA) price for soybeans falls to $8.73 per bushel in 2018/19, the […]

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Global soybean production in 2018/19 could reach record level

Global soybean production in 2018/19 could reach record level

August 18, 2018 |

In Germany, UFOP reports that global 2018/19 soybean production is estimated significantly higher than the previous month. The U.S. Department of Agriculture raised its forecast for the U.S. considerably, now expecting a bumper crop. The reason is an unexpected strong increase in U.S. crop expectations for 2018. According to the outlook, the U.S. could harvest […]

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S&P Global Platts announces soybean price assessments

S&P Global Platts announces soybean price assessments

July 31, 2018 |

In the UK, S&P Global Platts announced that it has started publishing three daily soybean price assessments: SOYBEX CFR China, SOYBEX FOB Santos and SOYBEX FOB Paranagua. The daily price assessment SOYBEX CFR China reflects the value of soybeans on a delivered basis into ports in North China. The daily price assessments SOYBEX FOB Santos […]

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Soybean stocks likely to decline further

Soybean stocks likely to decline further

July 1, 2018 |

In Germany, UFOP reports that world soybean production could grow significantly in the 2018/19 marketing year. However, output will unlikely be sufficient to satisfy demand, which would lead to a further reduction in stocks. In its June report, the USDA has projected global soybean production in 2018/19 at 355 million tonnes. This translates to an […]

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Prices of conventional soybean meal took a nosedive

Prices of conventional soybean meal took a nosedive

June 24, 2018 |

In Germany, UFOP reports that prices of conventional soybean meal have come down significantly since the beginning of May 2018. Ample supply from Brazil, favorable growing conditions in the U.S. and the escalating trade dispute between China and the U.S. are putting downward pressure on prices. Asking prices of soybean meal have weakened considerably following […]

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Missouri Biodiesel Coalition launched to expand biodiesel usage

Missouri Biodiesel Coalition launched to expand biodiesel usage

April 29, 2018 |

Missouri may be known for the largest beer producing plant in the nation (the Anheuser-Busch brewery in St. Louis) or for Kansas City’s many fountains (more than any city except Rome), but it is making news today for another reason. In Missouri, soybean farmers and biodiesel processors, distributors, and retailers have come together to launch […]

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