Articles Tagged with ''soybeans''

China’s not yet buying new crop soybeans from the U.S. as fast it did at this time last year, but U.S. sales are still historically strong and increasing quickly in August.

The prolonged drought in the upper Midwest is dragging down crop yields by more than the government or traders expected, although U.S. farmers should produce 4% more corn and 5% more soybeans this year than they did in 2020, according to the Agriculture Department's first survey-based estimates of the fall harvest.

Republicans and Democrats both say they are close to wrapping up the final details of a bipartisan infrastructure package for the Senate to consider.

Soybean farmers recently approved 181 new checkoff-funded projects totaling $78 million focused on increasing demand and value for U.S. soybeans in hopes to boost profitability in the years ahead.

Old crop corn and soybean ending stocks stayed steady in the Department of Agriculture's latest World Agricultural Supply and Demand Estimates report released Monday.

Farmers are expected to plant more corn, soybeans, and wheat acres than last year, but official estimates from a USDA report released Wednesday came in below trade expectations, which sent futures prices soaring.

There are still a lot of Brazilian soybeans filling up China's port stocks, and that’s expected to continue for at least another month. But the Chinese are not waiting to commit to buying up U.S. soybeans for delivery in the 2021-22 marketing year, according to analysts and USDA data.

Senate Agriculture Chairwoman Debbie Stabenow is expressing optimism that the Senate will pass the Growing Climate Solutions Act today. But the Senate will first debate an amendment by Utah GOP Sen. Mike Lee that would weaken a critical provision of the legislation, which is intended to speed development of ag carbon markets.

Airlines that are scrambling to lower their greenhouse gas emissions are lobbying Congress to enact new incentives for renewable jet fuel, even as competition for biofuel feedstocks already is heating up.

U.S. Trade Representative Katherine Tai spoke with China’s top trade official Wednesday night in an “introductory virtual meeting” as the Chinese continue to make big purchases of U.S. agricultural commodities and the U.S. farm sector counts on strong trade to continue.