Supply
U.S. Soybean Exports Record Large in July
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
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”
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
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
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
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
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
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
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
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,…