soybean market News
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Bayer fuels leading market positions in Crop Science through delivery of unmatched innovation
Division continues to successfully commercialize its product pipeline in key markets, including XtendFlex soybeans and SmartStax PRO corn in North America, and Intacta 2 Xtend soybeans in South America Successful launches demonstrate progress towards mid-term growth targets in Crop Science and strength of the division’s innovation, digital transformation and sustainability capabilities ...
By Bayer AG
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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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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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Creating Better Soybeans
In rows of petri dishes, soybean roots bathe in fluorescent light, an unremarkable site unless you work in the laboratory where they grow. The simplicity of the setup belies the complexity of the research that went into creating the roots. For decades, the genes of the seeds that produced these roots have been tinkered with to create a plant that resists a common and highly destructive soybean ...
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Cotton and Peanut Plantings Jump Above Expectations
Implications While growers intend to substantially increase acreage of cotton and peanuts this year uncertainty remains. For cotton, the pace of plantings, crop conditions, the pace of exports, and global (i.e. China) inventory levels are key fundamentals to monitor. For peanuts, higher acreage does not mean substantially higher production as crop yields and acreage abandonment may reduce the ...
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USSEC Attends World Soy-Feeds Conference in Russia
The World Soy-Feeds Conference is one of the main annual events in Russia and the Commonwealth of Independent States (CIS) for local crushers, feed millers and livestock companies. Organized in Saint Petersburg, the event’s main goal is to disseminate the latest international information from the field of market trends, soy processing, and soy ingredient use in animal feeds by the rapidly ...
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Maintaining U.S. Soy Market Share in Morocco
USSEC, in close partnership with the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS), organized several events within the Maghreb region of North Africa to reemphasize the image of the U.S. as a major supplier of high-quality soybeans and soybean products. U.S. soybean products have traditionally enjoyed a dominant market share with a 100 percent share for soybean ...
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USSEC Helps Transition Egypt’s Poultry Producers to Use Soybean Meal as Main Protein in Feed Formulations
With the support of FAS’s Cairo office, USSEC has worked with poultry producers in the Middle East region for several years, focusing on the economic benefits of using high quality U.S. soybean products. Soybean meal is becoming the major source of high-quality protein used in poultry feed, replacing protein sources from animal origins. Using U.S. soybean meal, poultry producers are ...
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Conservation Tillage Conference March 2-3 Offers Tips for Farmers in Tight Economy
High input costs coupled with low grain prices anticipated in 2016 means that growers have to make smarter, calculated choices to grow profitable crops this year. Also important is the need to build and maintain healthy soils to help ensure good water quality, said Randall Reeder, a retired Ohio State University Extension agricultural engineer. Reeder is an organizer of the annual Conservation ...
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Scientists say feeding fish soy, not fish, more sustainable
Research supported by the soybean industry is looking to convert some farm-raised fish into vegetarians. A South Dakota State University fisheries scientist is developing a soy protein feed that's tasty and easily digestible to eventually reduce the industry's need for using wild-caught fish as food for farm-raised fish. Much of the tilapia, Atlantic salmon and catfish that Americans toss into ...
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Soybean farmers prepared for phase out of partially hydrogenated oils
Trans fats have been an active part of the soy industry’s vernacular for decades. And, for the past decade, the industry – including the farmers who grow soybeans – have been working on solutions to meet food-customer needs for a stable oil without partial hydrogenation, which causes trans fats. The FDA’s recent announcement to phase out partially hydrogenated vegetable ...
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Bayer CropScience to acquire the seed business of Granar S.A.
Bayer CropScience announced today that it has entered into an agreement to purchase the seed business of Granar S.A., based in Encarnacion, Paraguay. The private company, founded in 2001, specializes in the breeding, production and marketing especially of improved soybean seeds adapted to the growing conditions that prevail in subtropical regions. Granar S.A. has a strong presence in Paraguay and ...
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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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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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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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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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Three Ways to Support Poultry and Livestock through Soybean Quality
Soybean meal is the most widely used source of protein for poultry and pigs in the United States and abroad. It is estimated that more than 75 percent of all soybean meal produced in the world is fed to poultry and pigs. Dairy cows also are major consumers of soybean meal. For the soybean industry to remain viable, it is crucial these industries remain big users of soybean meal. The only way ...
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Treated Seed and Soybeans Don’t Mix
After you’re finished planting, you may be tempted to dump your remaining seed in with any soybeans you still have from last year’s harvest. Don’t. “It is illegal in the United States to put treated seed into your soybeans and take them to the elevator. It is unacceptable not only in the United States, but worldwide, as well,” says Dwain Ford, United Soybean Board ...
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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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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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