soybean export News
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Soybean Exports Brewing in Milwaukee
“Brew City” recently became “Soy City” as more than 270 representatives of major international companies interested in importing U.S. soy came together for the second annual U.S. Soy Global Trade Exchange in Milwaukee. Areas represented included China, the Middle East, Vietnam and many others. International representatives committed to buy $2.8 billion worth of U.S. soy ...
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Animal Consumption Drives Higher U.S. Soy Exports to EU
Customers in the European Union (EU) depend on U.S. soybean farmers to maintain a consistent supply of soybean meal. Currently, they account for nearly 13 percent of total U.S. soybean meal exports. And that level is growing. Although U.S. soybean market share in the EU has declined over the last 30 years, U.S. soybean meal export trade to Europe grew in 2013, thanks in part to intensified ...
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USSEC Speaks Science & Sustainability to Support Soy Food Consumption in Taiwan
USSEC is raising the voice of science and sustainability in U.S. soybean trade to Taiwan while offering consumers the choice of both genetically modified organism (GMO) and non-GMO U.S. soybeans. In 2014/2015, the United States ranked #1 with $669 million in total soybean sales to the island nation that depends on imports. Yet, consumer and political challenges to biotechnology confront U.S. ...
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U.S. Soybean Oil Market in Mexico Grows
A recent soy-checkoff-funded promotional campaign showed Mexican shoppers the benefits of cooking with U.S. soybean oil, leading to a 15 percent jump in sales. Mexico is a major international destination for U.S. soy. In the most recent marketing year, Mexican customers imported more whole U.S. soybeans and soybean oil than any other country except for China. To increase that demand even more, ...
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Challenges in China Don’t Deter U.S. Soybean Export Demand
Defaults, defers and delays on as much as two million metric tons of soy shipments to China have U.S. soybean farmers questioning whether the No. 1 importer of U.S. soy will continue to be a reliable market moving forward. But the head of the soy checkoff’s international marketing partner says the market is safe for now. Delayed shipments out of South America in the spring of 2013 likely ...
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Brazil Soybean Production and Weather
Over the past 20 years, Brazil has emerged in the global agriculture industry as both a major producer and exporter of agricultural products. Agricultural production in Brazil has exploded over this time and its impact on global markets has been significant. As shown below, Brazil has become the number two producer of soybeans by 2017, according to the UN FAO. Brazil is in the southern hemisphere ...
By CropProphet
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Export Customers Commit to Buy $2.3 Billion of U.S. Soy
Buyers from China at the second-annual, soy-checkoff-funded U.S. Global Trade Exchange have agreed to buy $2.3 billion of U.S. soy totaling 176 million bushels of U.S. soybeans, marking the second consecutive year that the gathering has generated significant export sales for U.S. soybean farmers in their own backyard. The event – where foreign buyers gather in the heart of the American ...
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Soy Growers in Middle of Tariff Feud with China Stand to Suffer Most
America’s soy growers are lined up even more precisely in the crosshairs of President Trump’s contentious tariff confrontation with China. President Trump announced Monday that $200 billion in additional Chinese goods will be hit with a 10 percent tariff, deepening the likely free fall in prices that producers of soy and soy products are feeling directly in their wallets and which ...
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Harper Government Creates Export Opportunities for Canadian Soybean Industry
The Canadian soybean industry will tap new export markets with the support of the Harper Government. Member of Parliament Bev Shipley (Lambton-Kent-Middlesex), on behalf of Agriculture Minister Gerry Ritz, announced an investment for the Grain Farmers of Ontario to create export opportunities. “There is growing demand for new varieties of high-quality, safe, food-grade soybeans,” ...
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U.S. Soy on the Move
Throughout soybean harvest here in the United States, soybean farmers are making decisions on where to move this year’s crop. Three out of every four bushels harvested will go from the field to either on-farm storage or to the local elevator. The remaining 25 percent go directly to processors or export. All of these movements require roads, rails and rivers to get the soybeans from the ...
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Soy Checkoff Positions U.S. Soy Industry as Global Leader
When farmer-leaders of the United Soybean Board (USB) wrote the organization’s current long-range strategic plan, they included their vision that U.S. soybeans will be the leader of the global oilseed industry. This summer, USB will join the American Soybean Association and the U.S. Soybean Export Council in leading the global oilseed industry during the 18th International Oilseed Producers ...
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U.S. Soy Exports Set New Record
Thanks to high demand for reliable, quality soybeans, meal and oil, 2012-2013 U.S. soy exports have remained steady in the number of bushels exported. However, the value of these exports set a record of more than $28 billion, a 19 percent increase from 2011-2012. In the most recent marketing year, which ended Sept. 30, U.S. soybean farmers exported more than 1.7 billion bushels of U.S. soy. ...
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U.S. Soybean Farmers Witness Direct Impact of Soy Checkoff’s Efforts
Ten U.S. soybean farmers participated in the United Soybean Board’s (USB’s) 2014 See for Yourself program to learn about their customers beyond the elevator and the soy checkoff’s role in marketing U.S. soy to those customers. This year, the farmers visited St. Louis, Panama and Ecuador, from Aug. 14-22. A total of 70 farmers have taken advantage of this unique opportunity over ...
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FY 2010 exports expected to rise to $104.5 billion; imports drop to $76 billion
Fiscal 2010 agricultural exports are forecast at $104.5 billion, up $4.5 billion from the February forecast and $7.9 billion above final FY 2009 exports. Strong oilseed and grain shipments support the overall export forecast. The soybean export forecast contributed most to the improved overall trade forecast, with exports spurred by record U.S. soybean production and record early season sales to ...
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Global Soybean Stakeholders Monetize Biotech-Approval Delays
A new white paper shows that a three-year postponement in global approval of biotech-enhanced soybean traits any time in the next 10 years would cost farmers and consumers a total of nearly $19 billion, compared with typical approval timelines. This new research was released during a recent International Soybean Growers Alliance (ISGA) mission. Farmer-leaders from the United States, Argentina, ...
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Understanding land use change and US ethanol expansion
Understanding changes in land use—such as deforestation, urbanization and agriculture expansion—is important if society is to properly address the challenges of climate change, utilization of natural resources, and energy production and consumption. However, the intensifying debate over potential indirect land use changes resulting from biofuels expansion is nebulous at best. At worst, it is ...
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U.S. Soybean Farmers Improve Protein and Oil Levels in 2013
U.S. soybean farmers are heavily dependent on demand from international purchasers. Although global supplies are currently relatively tight, buyers do have a choice of origin for soybeans and soybean products. Providing marketing support for buyers helps U.S. farmers maintain export partners and expand relationships with new customers. Therefore, soybean farmers have supported a survey of the ...
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Vietnamese Fish Farmer Expands IPA System to Aquaponics
Vũ Thị Thắm is among the first intensive pond aquaculture (IPA) adopters in Northern Vietnam, learning the IPA concept from a seminar organized by USSEC and Cargill in Hưng Yên, Vietnam in August 2016. Ms. Tham constructed an IPA fixed floor raceway by following the instruction of Nguyễn Hữu Thọ, a technical manager at Cargill, who joined the ...
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USSEC Works with Philippines’ Department of Agriculture – Bureau of Fisheries and Aquatic Resources on its Aquaculture Development Plan
USSEC recently met with the Philippines’ Department of Agriculture – Bureau of Fisheries and Aquatic Resources (DA-BFAR) in Diliman, Quezon City to learn their plans and program for the country’s aquaculture sector over the next five years. The head of the Inland Fisheries and Aquaculture Division presented the newly approved “Comprehensive National Fisheries Industry ...
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USSEC Holds Aquaculture Meetings in Morocco
USSEC recently organized the first meetings on aquafeed in Morocco. These one-on-one visits with operation managers focused on the use of U.S. soybean protein concentrates (SPC), soybean meal, and lecithin in aquafeeds. USSEC consultant and aquafeed expert Tim O’Keefe presented the benefits of sound aquaculture based on sustainable feed resources, highlighting the importance of U.S. soy ...
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