U.S. Soybean Exports Record Large in July

Rob HatchettSep 13, 2019

The U.S. Census Bureau published official monthly export data for July 2019 on September 4. The data showed that shipments of U.S. soybeans were record…


Annual Crop Tour Finds Fewer Soybean Pods, Variable Conditions

Rob HatchettSep 10, 2019

Crop scouts from around the world set out on an annual tour the third week of August to gauge the potential of the 2019 U.S.…


Thai Soy Customers Learn Importance of “Protein Value”

USSEC Staff WriterSep 8, 2019

Protein value is a new concept to most of Teerada Korsrilabutr's Thai customers. She crushes soybeans and sells soybean meal and oil, and recently attended…


Late-August Crop Ratings Show Delayed Soybean Crops

Rob HatchettSep 7, 2019

The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) issued its last weekly update of U.S. crop ratings and development for August on…


Truck Rates Declining in 2019

Alan BarrettSep 6, 2019

The U.S. Department of Agriculture (USDA) Grain Transportation Report indicates trucking cost per ton is down almost 9%, which is a welcome change from the…


Crop Barge Movements Not Shifting to Rail

Alan BarrettSep 5, 2019

Lock and Dam 27 at Granite City, Illinois is below where the Illinois River joins the Mississippi River but above St. Louis, Missouri. In addition…


Ocean Bulk Fleet Expanding

Alan BarrettAug 30, 2019

Second quarter 2019 ocean freight rates for shipping bulk grains were lower than last year, but 4 percent higher than the first quarter.  Despite the…


River Conditions Continue to Challenge U.S. Soy Exports

Alan BarrettAug 23, 2019

According to The National Oceanic and Atmospheric Administration’s (NOAA) National Center for Environmental Information, the first five months of 2019 saw the most precipitation since…


Truck Capacity Availability Improving in 2019

Alan BarrettAug 16, 2019

American Trucking Associations (ATA) estimates the U.S. has approximately 3.5 million Class 8 trucks dispatched by over 210,000 trucking companies transporting 16.18 billion tons of…


Soybean Fast Facts from the August WASDE Report

John BaizeAug 13, 2019

Analyst John Baize breaks down the U.S. Department of Agriculture’s (USDA) World Agriculture Supply and Demand Estimate (WASDE) report that was released on August 12,…


2018/19 U.S. Soybean Export Program Entering its Final Stage

Rob HatchettAug 6, 2019

As the calendar approaches the final days of July, the U.S. soybean export program is approaching the final month of the 2018/19 marketing year. This…


July WASDE Provides Minor Adjustments for U.S. Soybean Fundamentals

Rob HatchettJul 19, 2019

The U.S. Department of Agriculture (USDA) issued its monthly supply and demand estimates on Thursday, July 11. In the report, there were a handful of…


Initial U.S. Soybean Crop Ratings Point to Challenging Yields in 2019

Rob HatchettJul 17, 2019

The U.S. soybean crop appears to be off to its worst start of the growing season in 27 years. According to the U.S. Department of…


Poor Start to Monsoon Adds Doubts to Indian Soybean Output

Rob HatchettJul 12, 2019

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…


Upper Mississippi River Open

Alan BarrettJun 29, 2019

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…


Panama Canal Authority Lowering Draft to 43 Feet

Alan BarrettJun 25, 2019

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…