In a remarkable twist of fate for the soya meal sector, exports have witnessed an impressive surge of 38% during the initial two months of the 2023-24 oil year, commencing […]
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Category: Soybeans
Soybeans
Record Soybean Harvest on the Horizon in Brazil
Farmers in Brazil may harvest about 158.23 million tons of soybeans this season, which is 0.3% above the record level of the previous crop year (157.83 million tons). Such a […]
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USDA Lowered Its Estimate of World Oilseed Production
Analysts of the U.S. Department of Agriculture (USDA) in its December report reduced the estimate of world oilseed production in the season-2023/24 from November 661.46 million tons to 660.99 million […]
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Brazil Can Export a Record Amount of Soybeans and Corn
According to the forecasts of Anec experts, by the end of 2023, Brazil will export record volumes of soybeans and corn, which will be primarily due to high yields of […]
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United Soybean Board Announces Lucas Lentsch as Incoming CEO
St. Louis (December 6, 2023) — The United Soybean Board (USB) is pleased to announce that Lucas Lentsch will join the organization as its Chief Executive Officer starting January 1, […]
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Soybean Market Crushing Records with Demand Moves
Soybean crushing in India is in full swing, soaring by a robust 21 percent in October within the new oil year 2023-24. The vanguard trade body for the soybean sector […]
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United Soybean Board Announces Call for Nominations for 2024 Tom Oswald Legacy Award
ST. LOUIS (Nov. 27, 2023) — Does an individual, organization, or group come to mind that’s left a lasting mark on the soybean industry and the soy checkoff? United […]
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Soybean Oil Futures Unexpectedly Fell 4%
The Chicago Stock Exchange was closed for Thanksgiving on Friday, so no one expected a price jump, but December soybean oil futures unexpectedly fell 4% to €1.035/t (-1% for the […]
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Brazilian Soybean Harvest, Heavy Rains Change the Tune for Southern Soybean Sowers
The Brazilian soybean farmers face unpredictable weather, particularly with El Niño’s impact, as they navigate the complexities of a potentially record-setting production season amidst varying regional climatic conditions. Weather Whims […]
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Argentina Farmers Stop Soybean Sales – New President New Hopes
Farmers in Argentina are holding back sales of soybeans and other agricultural products in anticipation of a change in export rules by the new president, who has promised to lower […]
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