In Georgia, soybean-based artificial grass maker SYNLawn has introduced a portable putting green to help golf enthusiasts practice their short game in a sustainable way. According to the company, the Portable Golf Green with Fringe is “expertly designed” to provide customers with the most realistic putting surface. “As the weather gets warmer, more and more […]
In Brazil, Reuters reports Brazil’s soybean oil exports in 2022 will reach 1.8 million metric tons, some 100,000 tons higher than forecast in April and the highest level since 2008, due to strong prices over fallout from the war in Ukraine, industry group Abiove estimated on Tuesday. By raising the export estimate, Abiove reduced the […]
In North Dakota, InForum reports Tharaldson Ethanol is objecting to North Dakota Soybean Processors’ proposed soybean crushing plant that would be sited next door to its own facilities. Tharaldson Ethanol’s CEO said that if the facility were 30 or 50 miles away, it wouldn’t be a problem for them, and he would even support it, […]
In Argentina, Uno Santa Fe reports that last Friday the chambers of the biodiesel industry met with the National Energy Secretariat to agree on a new price for biodiesel, a whopping 25% for April. The price increase was set for publication in the official gazette on Monday. The massive price increase is to reflect higher […]
In Virginia, Governor Glenn Youngkin announced that Perdue AgriBusiness, a leading U.S. agriculture products and services company, will invest $59.1 million to expand its operation in the City of Chesapeake. The company will modernize facilities and increase production of its high protein soybean meal, soybean oil, and hulls, positioning the company to expand its soybean crushing capability to […]
In Argentina, Diario26 reports that the government has lifted the temporary export ban on soy oil and meal in response to concerns regarding impacts of the Russian invasion of Ukraine and has instead increased export retentions on the two products to 33% from the previous 31%. Retentions on biodiesel were also increased by 1%, but […]
In Ohio, at a time of growing consensus on the need for greater reliance on domestic fuel sources, Highland County Press reports that the Ohio Soybean Association joined other state soybean associations in support of a petition to include biofuels in the U.S. Environmental Protection Agency’s vehicle standards. OSA filed the petition with a federal […]
In Malaysia, Reuters reports palm oil prices fell nearly 10% to around $1,475 per metric ton on Monday as profit taking took place amongst a number of oil futures contracts around the world. Palm oil prices rose by more than 20% over the past three weeks. Even though G7 agriculture ministers on Friday urged countries […]
In Germany, UFOP reports that Brazil and Argentina are set to maintain their shares in the global soybean market this crop year. The soybean harvests both in Argentina and in Brazil are expected to be larger, although poor growing conditions dampen prospects of a bumper crop. Brazil, the US and Argentina are the main soybean […]
In Nebraska, the Kearney Hub reports N Bowdish will invest $375 million in a soybean crushing plant near Norfolk, crushing 38.5 million bushels of soybeans annually. The facility aims to be operational in 2024. The growing demand for soybean oil, in part driven by renewable diesel growth, is behind the new facility as well as […]
