Articles tagged under: soybean

European Union Approves U.S. Soybean Imports for Biofuels

Published January 30, 2019

The European Union approved U.S. soybean imports for biofuel production. The announcement follows last summer’s trans-Atlantic meeting between President Trump and his EU counterpart. U.S. Soybean Export Council Vice Chair Monte Peterson says this is good news for the U.S.…
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Regional Basis Bids Unchanged

Published January 30, 2019

Basis bid at the six regional grain elevators the Red River Farm Network follows remain mostly unchanged from last week. Corn basis levels range from 52 to 57 cents under the March futures contract with cash prices ranging from $3.22…
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As Expected, Brazil Increases Market Share

Published January 3, 2019

Brazil has been able to take advantage of the trade spat between the U.S. and China. According to the Brazilian Trade Ministry, December soybean exports totaled 4.2 million metric tons. That’s nearly double the amount sold in December of 2017.…
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NOPA Says Record Soybean Crush for November

Published December 17, 2018

In Monday’s report, the National Oilseed Processors Association says its members crushed 167 million bushels of soybeans in November. Global Commodity Analytics and Consulting President Mike Zuzolo says that is a monthly record. "The soybean oil stocks fell a little…
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Excess Capacity Forecast for U.S. Soybean Crush

Published December 11, 2018

The U.S. soybean processing industry is going through its biggest expansion phase in 20 years. That includes a new soybean processing plant in Aberdeen that will start production with the 2019 crop. Depending on the availability of funding, a plant…
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Crush Margins Vary by Crop

Published December 7, 2018

The processing and food ingredients portion of the CHS portfolio saw mixed results this past year. According to CHS Executive Vice President Darin Hunhoff, it has been a good year for the soybean processing business. "The soy crush margins have…
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