Ready Or Not…

Panama Canal expansion could boost U.S. soy’s competitive advantage A looming deadline is fast approaching for U.S. soy’s competitive advantage. By the end of December, construction on the Panama Canal expansion will be completed. The eventual opening of this expansion will give exporters the opportunity to more efficiently move products, such as U.S. soybeans, to

Predictability Pays

Imagine losing $3 million from your bottom line because something didn’t arrive on time. This is exactly what happened to a feed company in Thailand when a shipment of soybeans didn’t arrive in the time frame promised. The company was forced to source soybeans from the domestic market and had to pay the difference in

Heading South for the Winter

As a U.S soybean farmer, you likely know that your biggest rivalry in the international marketplace comes from the South American behemoth, Brazil, which edged out the United States as the top exporter of soybeans last year. But how much do you really know about your counterparts in the southern hemisphere? Phil Corzine could tell

Sizing Up the Competition

As demand for soy grows along with the world’s population, competition for that burgeoning market grows, too. Today, as U.S. soy enjoys historic demand all over the world, it also must fend off rising competition for share of the market. Competition is everywhere. U.S. soy is competing against other countries, other feed sources and other

Checkoff-Funded Survey Identifies Best- and Worst-Performing Railroads

Union Pacific reclaimed its position as the top-performing railroad, followed by Norfolk Southern Railway, in the Soy Transportation Coalition’s (STC’s) fifth annual Railroad Report Card, a survey of agricultural shippers based on the railroads’ on-time performance, customer service and cost. Survey respondents ranked Canadian Pacific in last place for the fourth year in a row.

Steel and Wheels to Dollars and Cents

How the U.S. transportation system affects your bottom line Mike Appert is enjoying one the best harvests he’s ever had. But his excitement doesn’t last long because he knows he’ll get much less for this crop than he could have in previous years. On top of soybean prices sitting at four-year lows, his basis will

Panama Canal – More Exports, More Profit

Channel, harbor, port, and lock-and-dam improvements are expected as a result of the recently signed Water Resources Reform and Development Act (WRRDA). These structural upgrades are a critical step in enabling U.S. soybean farmers to take full advantage of an expansion to the Panama Canal, expected to be complete next year. Larger ships will be

Farmers Need Railroads for Long-Distance Transportation

Rail transportation of soybeans by the numbers Our nation’s freight-rail industry provides efficient and reliable transportation between areas of soybean production and areas of consumption. Whether for livestock production in the southwestern United States or for export via the Pacific Northwest, railroads often provide the long-haul movement that allows the soybean industry to be profitable.