Items Tagged with 'Mac Marshall'

The USDA said Friday bumped up its forecast for U.S. soybean exports and dropped its prediction for ending stocks as Chinese demand remains strong and competition from Brazil is less than expected.

USDA trimmed its forecast for South American soybean production Wednesday, supporting traders’ expectations and a bump in futures prices.

It's dry in Argentina, Paraguay and the southern states of Brazil, and market watchers are going to be paying close attention in the weeks and months to come as the South American soybean crops are harvested.

U.S. soybean exports picked up pace significantly in the first week of October, offering evidence that U.S. shipping of the 2021-22 marketing year crop is recovering from delays caused by damages to barges, elevators, ports and other infrastructure on the Mississippi River by Hurricane Ida more than a month ago.

Demand for U.S. soy has never been stronger but there are changing dynamics on the horizon. In this webinar, you’ll hear from soy leaders representing the soy checkoff, ASA and USSEC about how these partner organizations work together to promote your sustainability story to build new markets and create future opportunities for U.S. soybean farmers. Sara Wyant, founder and editor at Agri-Pulse, will serve as moderator. The webinar is sponsored by the United Soybean Board, the American Soybean Association and the U.S. Soybean Export Council.

When it comes to producing soyoil for the rapidly emerging renewable diesel market, the industry is adamant that it can expand without the kind of food-versus-fuel criticism from the general public that has plagued biofuels in the past.

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.