Reliability
U.S. Soy Industry Strives to Maintain Export Channels, Supply Chain of High Quality Soy amidst COVID-19 Concerns
Despite the expanding cases of COVID-19 in the United States, the U.S. soybean industry continues to operate at near full capacity. The U.S. Department of…
Reliability
In the Wake of COVID-19, U.S. Food Production System Carries On
With the 2020 soybean planting season cranking up in parts of the country, the U.S. food production system is expected to continue to roll along…
Crushers
February Crush Data Supports Higher Forecasts
The National Oilseed Processor Association (NOPA) issued February soybean crush data on Monday, March 16th. According to the data, NOPA member soybean processing in the…
Exports
Flooding Concerns Remain for Next Couple of Months
The National Oceanic and Atmospheric Administration (NOAA) released the 2020 National Hydrologic Assessment report, which provides an extended forecast for water related issues. For farmers…
Reliability
U.S. Agriculture Included in Critical Infrastructure During Pandemic
The U.S. government has labeled agriculture a critical industry during the novel coronavirus outbreak, according to the U.S. Department of Homeland Security. The designation extends…
Exports
Safe Soybeans, Hazards to Crew: How COVID-19 is Impacting Trade
ProFarmer and Hellenic Shipper News reported that China’s soymeal futures are increasing as soybean crushers suspended operations due to a shortage of soybeans as the…
Supply Chain
New Study Finds U.S. Soybean Industry Has $115 Billion Impact on the American Economy
The National Oilseed Processors Association (NOPA), a trade association representing owners/operators of oilseed crush facilities, is pleased to announce the availability of a new study,…
Exports
March WASDE Sees USDA Raise World Soybean Carryout
The U.S. Department of Agriculture (USDA) issued its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday, March 11. In the report, the…
Demand
USDA Provides Initial 2020/21 U.S. Soybean Outlook
The U.S. Department of Agriculture (USDA) held its annual Agricultural Outlook Forum outside of Washington D.C. in late February. At the symposium, analysts and media…
Infrastructure
Upper Mississippi River Set to Open in March
With the near record low barge rates, the barge industry is looking for some good news. The rivergage forecast for Lock and Dam 15 (Rock…
Infrastructure
Panama Canal Authority Announces Permanent Freshwater Surcharges
How important is the Panama Canal to U.S. Soy? The U.S. is an agricultural surplus country dependent on exports. The Inland Mississippi River System plays…
Infrastructure
Improvements to Illinois, Upper Mississippi Rivers will Benefit U.S. Soy
The inland Mississippi River system plays a major role in transporting U.S. grains and oilseeds, especially soybeans. The inland Mississippi River system is comprised of…
Planting
U.S. Soybean Growers, Market Eye February Prices Ahead of Plantings
February is a crucial month for many U.S. growers of summer crops as prices during this period help to drive planting intentions for the upcoming…
Demand
February WASDE Provides Mixed U.S., World Supply Outlooks
The U.S. Department of Agriculture (USDA) issued its monthly World Agricultural Supply and Demand Estimates (WASDE) on Tuesday, February 11. In the report, the agency…
Infrastructure
Truck Rates Increasing After Long Fall
Truck capacity is booked either by spot market or through a contract rate. The spot rate is the market rate, while the contract rate is…
Demand
Conclusions Following USDA’s Quarterly Stocks
The U.S. Department of Agriculture (USDA) issued its quarterly Grain Stocks report in mid-January. The much-anticipated report is one of four regular updates provided throughout…