Brazilian Soybean Farmers Undeterred by Lower Commodity Prices

By James Thompson Just a few weeks ahead of soybean planting in Brazil, local consultancy Céleres forecast a 91.35 million-tonne 2014-15 crop (3.36 billion bushels), produced on 3.6 percent more acres than last season. Another consultant group, FC Stone, said the crop would come in at more like 93 million tonnes (3.42 billion bushels), up

China Stocks Up on U.S. Soy

With five months to go in marketing year, U.S. has already set a record for soybean exports Rising pork production, along with the transportation issues in South America after last year’s harvest, have China stocking up on U.S. soybeans and soybean meal at a record pace, according to a soy checkoff consultant. This has resulted

Animal Consumption Drives Higher U.S. Soy Exports to EU

Customers in the European Union (EU) depend on U.S. soybean farmers to maintain a consistent supply of soybean meal. Currently, they account for nearly 13 percent of total U.S. soybean meal exports. And that level is growing. Although U.S. soybean market share in the EU has declined over the last 30 years, U.S. soybean meal

Brazil Likely to Face Transport Challenges Again

By James Thompson It doesn’t matter who you are, $2.5 billion is a lot of money. So there’s no doubt Brazilian exporters, which are said to have lost about that much last year as a result of canceled orders and long delays in loading ships with Brazilian soybeans, are eager for change in 2014. An

U.S. Soybean Oil Market in Mexico Grows

A recent soy-checkoff-funded promotional campaign showed Mexican shoppers the benefits of cooking with U.S. soybean oil, leading to a 15 percent jump in sales. Mexico is a major international destination for U.S. soy. In the most recent marketing year, Mexican customers imported more whole U.S. soybeans and soybean oil than any other country except for

Checkoff Works to Maintain Important Soy Export Markets

While China, Japan, South Korea and Taiwan are consistently some of the largest destinations for U.S. soy exports, the industry does not take North Asian soy export markets for granted. The U.S. soy family often hosts conferences or other face-to-face meetings with its international customers to offer technical assistance and answer any questions they may have.