Tag: soybean

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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Global soybean crop smaller than expected

Global soybean crop smaller than expected

April 22, 2018 |

In Germany, UFOP reports that the world’s 2017/18 soybean output will be significantly smaller than previously expected. Argentina is set to harvest one third less than initially projected. Larger harvests in Brazil and the U.S. will not suffice to offset the shortfall. In many parts of Argentina in the past months, field crops were adversely […]

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German rapeseed oil price falls to lowest in 3.5 years

German rapeseed oil price falls to lowest in 3.5 years

April 7, 2018 |

In Germany, UFOP reports that rapeseed oil prices fell to a multi-year low and weakened considerably, while soybean oil also came down sharply. The reduction of tariff rates on palm oil from Indonesia pushed through at the WTO and the lowered tariff rates on biodiesel from Argentina, which have been applied since September, increasingly weighed […]

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Australian vine can boost soybean yield

Australian vine can boost soybean yield

April 7, 2018 |

In Illinois, a new study from the University of Illinois shows that the unobtrusive perennial vine native to Australia, called Glycine tomentella, could hold the key to substantially increase soybean yields. “We saw yield increases of 3.5 to 7 bushels per acre in soybean lines derived from crossing with Glycine tomentella,” said Randall Nelson, study […]

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Declining production causes soybean stocks to shrink

Declining production causes soybean stocks to shrink

March 18, 2018 |

In Germany, world soybean output in the 2017/18 marketing year will likely be lower than previously expected. According to USDA’s consumption forecast as reported by UFOP, global ending stocks could in fact dwindle. In its March crop outlook, the USDA forecast the 2017/18 Argentinian soybean crop down around 13 per cent from the previous month […]

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Brazilian B10 mandate to boost soybean exports by 1.2 million tons

Brazilian B10 mandate to boost soybean exports by 1.2 million tons

February 26, 2018 |

In Brazil, thanks to the B10 blending mandate and reduced availability from Argentina due to drought, the country’s soymeal exports are expected to jump to 16.2 million metric tons in 2018 from 15 million tons in 2017. About 40% of the domestic soy crush goes towards biodiesel production, demand for which it will grow by […]

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U.S.’s potential tariff on Chinese steel sparks fear of soybean retaliation

U.S.’s potential tariff on Chinese steel sparks fear of soybean retaliation

February 25, 2018 |

In Texas, S&P Global Platts reports that the U.S. Department of Commerce’s recommendation to impose a tariff on Chinese steel imports has sparked worries that China may retaliate against U.S. soybean imports. The U.S. Department of Commerce released a number of recommendations Friday following its investigation under Section 232 of the Trade Expansion Act. Among […]

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Global soybean output to be second largest ever

Global soybean output to be second largest ever

January 27, 2018 |

In Germany, UFOP reports that the current marketing year is likely to see the world’s second largest soybean crop on record, and that while the weather in Argentina spawns uncertainty, the Brazilian outlook is surprisingly positive. There are signs that global soybean supply will again be ample in the 2017/18 marketing year. Whereas the US […]

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Brazil raises soybean and corn crop estimates for 2017-18

Brazil raises soybean and corn crop estimates for 2017-18

January 14, 2018 |

In Brazil, Platts is reporting that Brazilian official crop agency Conab raised its crop estimates for soybeans and corn in 2017-18, as improved weather boosts yields and planted areas are revised higher. Conab said in a monthly report that the current soybean crop, which was already planted and is under development, will reach 110.44 million […]

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Grain workers strike impacts soybeans

Grain workers strike impacts soybeans

December 31, 2017 |

In Argentina, grains workers started a 48-hour strike in the city of Rosario, Argentina’s busiest port where 80% of Argentina’s agricultural exports are sent from on cargo ships headed to the shipping highways and byways of the South Atlantic. As the largest exporter of soymeal livestock feed and major supplier of corn and raw soybeans, […]

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