Tag: soybean

Increased supply of GMO-free soybean weighed down price advantage of rapeseed meal

Increased supply of GMO-free soybean weighed down price advantage of rapeseed meal

June 18, 2017 |

  In Germany, UFOP reports that the past weeks’ weakness in prices of GMO-free soybean meal reduced the price advantage of rapeseed meal over soybean meal as ingredients of compound feed. Over the past few weeks, German prices of GMO-free soybean meal dropped substantially. The rise in GMO-free soybean supply in South America curtailed the […]

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Weaker soybean prices weigh on rapeseed market

Weaker soybean prices weigh on rapeseed market

June 4, 2017 |

In Germany, UFOP reports that “ample global soybean supply and an increase in soybean acreage in the US for the upcoming 2017 crop put downward pressure on Chicago soybean prices. Rapeseed in Paris also flagged, but remained at the previous year’s level thanks to shaky harvest outlooks.” The nearby for soybean in Chicago dropped to […]

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US soybean production hits record level

US soybean production hits record level

August 20, 2016 |

In Germany, UFOP reports that US growing conditions for soybeans continue to be optimal. Fears of losses caused by drought are history now. The record area planted with soybeans could allow farmers to bring in the biggest ever soy harvest this autumn. The USDA forecast pegs this year’s US soybean crop at around 110.5 million tonnes. […]

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Prices for rapeseed, soybean and sunflower oil have converged: UFOP

Prices for rapeseed, soybean and sunflower oil have converged: UFOP

August 14, 2016 |

In Germany, UFOP is reporting that “prices for rapeseed oil, soybean oil and sunflower oil converged in July 2016”. Whereas soybean oil and sunflower oil were on a sluggish trend due to abundant supply of feedstock, the price curves for rapeseed oil showed a slight upward trend. According to Agrarmarkt Informations-Gesellschaft mbH (AMI), oil mills […]

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Bankruptcy-protected Brazilian soy processor looks to restart biodiesel in 2017

Bankruptcy-protected Brazilian soy processor looks to restart biodiesel in 2017

April 21, 2016 |

In Brazil, soybean processor Camera—which is currently seeking to restructure debt with creditors—has seen revenues increase 60% during the first quarter, something which will help their argument to continue on the path to recovery since filing for bankruptcy protection in 2014. Since then the company’s biodiesel processing facility has been mothballed. If all goes well […]

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European rapeseed prices hitting record highs because of US soybean prices, says UFOP

European rapeseed prices hitting record highs because of US soybean prices, says UFOP

April 10, 2016 |

In France, rapeseed prices have been climbing steeply to a 2016 record high as a result of the surge of US soybean price quotes and the rise of palm oil prices. This jump has allowed bids on the cash market to recover from their seasonal low. According to UFOP, “Rapeseed oil prices soared on temporarily […]

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29 new biobased Products using soybean derivatives debut: Report

29 new biobased Products using soybean derivatives debut: Report

January 31, 2016 |

In Missouri, the United Soybean Board said that 29 new consumer and industrial biobased products debuted in 2015 using soy derivatives. USB said that products developed with USB support in 2015 include an insulating foam that helps green building contractors earn LEED (Leadership in Energy & Environmental Design) certification, soy-based wood adhesives that replace formaldehyde, […]

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EU oilseed meal prices have firmed up, says UFOP

EU oilseed meal prices have firmed up, says UFOP

January 10, 2016 |

In Germany, UFOP advises that prices of soybean meal and rapeseed meal recovered at the end of December 2015, after downward for several months. However, pressure continues to be large. At the beginning December 2015, overabundant supply and slack demand sent oilseed meal prices on the cash market skidding to a four-year low. Rapeseed meal […]

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Boho factor weighing on biodiesel margins

Boho factor weighing on biodiesel margins

June 4, 2015 |

In Illinois, the soybean and heating oil boho factor is stalling the biodiesel market, hampering margins due to poorer blending economics. High feedstock prices, lower RIN prices at around 87 cents and lower heating oil prices have the lowest price sellers and highest price buyers too far away to make a deal.

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Kentucky Soybean Board want farmers to demand biodiesel blends for planting

Kentucky Soybean Board want farmers to demand biodiesel blends for planting

March 26, 2015 |

In Kentucky, the state’s soybean board is encouraging farmers to ask their fuel distributors for biodiesel blends this spring during planting season in an effort to help boost demand for locally-produced biodiesel as well as to show distributors the market opportunities available within the agricultural community. Currently finding B20 for agricultural machinery is difficult in […]

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