Industry
Production

Economist Provides Insight on U.S. Soybean Planting Report

John BaizeApr 21, 2018

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

Rob HatchettSep 20, 2019

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

Alan BarrettSep 17, 2019

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

John BaizeSep 15, 2019

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

Alan BarrettSep 13, 2019

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

Alan BarrettSep 12, 2019

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

Rob HatchettSep 5, 2019

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

USB Staff WriterSep 1, 2019

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

Alan BarrettAug 27, 2019

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

Alan BarrettAug 20, 2019

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

Rob HatchettAug 16, 2019

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

Alan BarrettAug 13, 2019

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

Alan BarrettAug 9, 2019

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. Meat Export FederationAug 7, 2019

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

Alan BarrettAug 6, 2019

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

Rob HatchettAug 2, 2019

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

Jo Anne GrammondAug 1, 2019

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…