Production
Economist Provides Insight on U.S. Soybean Planting Report
The Prospective Plantings report provides the first official, survey-based estimates of U.S. farmers' 2018 planting…
Yield
Statistics Canada Sees Lower Canadian Oilseed Output
Statistics Canada released updated 2019 Canadian crop production estimates on Wednesday, August 28. In the release, the agency saw lower than expected soybean and canola…
Infrastructure
Soybean Barge Movements Slow
2019 has been a tough year for the barge industry and all producers of commodities that use the Inland Mississippi Waterways System. After Lock and…
Exports
Changes in Soy Import and Consumption Data by Geographic Regions
Periodically, it is worthwhile to take a look at changes in soybean and soymeal trade and consumption changes by geographic regions, rather than specific country…
Exports
Brazil Rail Projects Impacting Soybean Exports
Like the U.S., Brazil’s public roads and waterways are publicly funded. Unlike the U.S. where railroads fund much of its own track improvements, Brazil railroads…
Infrastructure
Barge Rates Muted
According to the U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS), “the U.S. Inland Waterway System utilizes a percent of tariff system to establish…
Crushers
U.S. Soybean Crush Rates Surge to Record Levels for July
The National Oilseed Processor Association (NOPA) issued its monthly soybean crush and stocks data on Thursday, August 15. NOPA member soybean processing surged to 4.575…
Processing
Behind the Crush
Soybeans are processed into meal and oil. But how that happens is often a mystery. Here's a behind-the-curtain look at how a processing plant operates.
Crushers
Crushing Business Expansion Provides Positive News for U.S. Soybean Farmers
The expansion of Perdue’s crushing business is good news for U.S. soybean farmers. Perdue, known primarily for its chicken business, has diversified into many areas…
Crushers
Planned Crushing Plants to Take Advantage of U.S. Soy’s Expanding Footprint
As the Corn Belt has expanded north and west, the availability of soybeans has increased in areas devoid of local soybean crushing. In many of…
Planting
August USDA Inputs Prove Somewhat Supportive for Soybean Market
The U.S. Department of Agriculture (USDA) revised its 2019 U.S. soybean planted area estimate to 31.039 million hectares from its June acreage forecast at 32.391…
Infrastructure
Infrastructure Investment Helps Keep U.S. Soy Shipping Costs Down
Few public investments provide more economic development than a public port. For example, operating as the major grain logistics tenant at the Port of Greater…
Transportation
Dry Barge Fleet Consolidation
Over the near term, the U.S. Coast Guard, due to flood conditions, has reduced barge tow configurations from St. Louis, Missouri to the Gulf, which…
Exports
Study Demonstrates Value of Pork and Red Meat Exports to U.S. Soy Growers
U.S. beef and pork exports added 85 cents per bushel to the price of U.S. soybeans and 39 cents per bushel to the price of…
Transportation
River Elevator Swap Limits Competition
Illinois farmers are fortunate to have six options at harvest. The farmers can deliver directly to a soybean crushing facility, shuttle elevator, river elevator, container…
Exports
Summer Heatwave Seen Lowering European Rapeseed Output
Record-high temperatures have been reported across France and Germany in the waning days of July, making this the second set of new record-high temperatures experienced…
Economics
Soybeans: 2019 Economic Outlook and Buying Considerations
Executive Summary At the end of 2018, projections for soybeans reflected both an increase in the global consumption of protein but also a cautious take…