U.S. Soybean Crush Rates Surge to Record Levels for July
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…
Crushing Business Expansion Provides Positive News for U.S. Soybean Farmers
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…
August USDA Inputs Prove Somewhat Supportive for Soybean Market
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…
Dry Barge Fleet Consolidation
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…
Summer Heatwave Seen Lowering European Rapeseed Output
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…
Soybean Stocks at Record Levels
The U.S. Department of Agriculture (USDA) estimated June 1 soybean stocks at 1.8 billion bushels, which is up 571 million bushels from a year ago.…
Indian Monsoon Improving After a Slow Start
Earlier this summer, we had highlighted what was a poor beginning to India’s annual Southwest Monsoon season. As a reminder, India’s Meteorological Department (IMD) tracks…
New Chinese Feed Mill Breaks Ground
Groundbreaking ceremonies were held in late May at a new feed mill in China’s Beijing-Tianjin-Hebei economic zone that is expected to begin producing aquaculture feed…
U.S. Soybean Basis Popping
A strengthening basis as the future price is increasing indicates strong consumption. For a cash price that has been diminished by reduced China exports, the…
Brazil Rail Projects Impact Soybean Exports
On February 7, 2019, the Brazilian Supreme Court reinstated the National Land Transportation Agency’s (ANTT) authority to issue fines for anyone who does not pay…