Marketplace
Poor Start to Monsoon Adds Doubts to Indian Soybean Output
There has been increased focus in mid-June on India, as the annual Southwest Monsoon has been slow to develop in 2019. The monsoon, which brings…
Exports
Upper Mississippi River Open
As bad luck would have it, during the time period when the upper Mississippi River traditionally would open to barge traffic, the river reached flood…
Infrastructure
Panama Canal Authority Lowering Draft to 43 Feet
The Panama Canal Authority (ACP) announced that effective May 28, the maximum authorized draft for vessels transiting the canal’s Neopanamax locks will be 43 feet…
Food
Indian Tofu Manufacturers Find Quality in U.S. Soy
Varinder Singh Bhatti manufacturers tofu in India, where very few soybeans are grown. He says his customers look for very specific qualities, and find them…
Infrastructure
The U.S. Army Corps of Engineers and Virginia Port Authority Deepening Waterways
In an ongoing effort to continually improve the U.S. transportation system, the U.S. Army Corps of Engineers and Virginia Port Authority are proceeding with design…
Demand
USDA Reflects Comfortable Global Soybean Outlook in June WASDE
The U.S. Department of Agriculture (USDA) released its June World Agricultural Supply and Demand Estimate (WASDE) report on Tuesday, June 11. In its global production…
Planting
U.S. Soybeans: Late Planting versus Prevented Planting
Will the U.S. farmer have time to switch corn acres to soybean acres? While the soybean planting season is off to an extremely slow, Doane…
Transportation
Soybeans Trapped in Upper Mississippi River Region
As of June 1, no crop volume has transversed Lock 15 at the Quad Cities. Even in 1993, the average water level was below flood…
Animal utilization
Myanmar Companies Jockey For Business In A Fast-Growing Environment
The Myanmar livestock feed industry is poised for expansion, but experts say U.S. Soy will need to establish customer preference before others to fully capitalize…
Planting
Optimism for U.S. Soybean Plantings Despite Slow Start
The press has focused on the slow pace of the 2019 U.S. corn planting season. While the same thing can be said for soybeans, there…
Infrastructure
World Iron Ore Supply Issues Helping U.S. Farmers
The U.S. is a soybean surplus country that is dependent on exports. Due to Asia being an extremely long distance from the U.S., ocean freight…
Crushers
U.S. Soybean Processing Rates Further Slow in April
The National Oilseed Processors Association (NOPA) issued its mid-month member crush and stocks report on Wednesday, May 15. The April data showed that members crushed…
Infrastructure
Western Canada Port Strike a Possibility
Will a port strike in Western Canada have a positive or negative impact on the U.S. market? Likely, a strike will not have much of…
Infrastructure
Higher Truck Freight Rates in Brazil Spurring Investment
The Minimum Freight Rate Table (MFRT) established to end the Brazilian truckers’ strike in 2018 allows carriers to charge from 50 to 300 percent more…
Infrastructure
Truck Capacity Availability Improving in 2019
The American Trucking Associations (ATA) estimates the U.S. has approximately 3.5 million Class 8 trucks (semi tractor-trailers) operating with over 5.7 million commercial drivers. More…
Infrastructure
Brazilian Government Supports Higher Freight Rates
With Brazilian corn and soybean crops’ estimated crop size continually increasing, the importance of the Minimum Freight Rate Table (MFRT) also continues to rise. In…