Tag: soybean

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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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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