On June 14 the U.S. Environmental Protection Agency is scheduled to make its final rule establishing Renewable Fuel Standard volumes for 2023, 2024 and 2025.
Crushers will be fixated on the EPA’s June 14 announcement.
Tag Archives Soybeans — page 9
China’s soybean demand slump baffles market
Soybean and soymeal prices started falling in China at the beginning of March and had not recovered as of mid-April
“Something has happened to demand in China,” DTN lead analyst Todd Hultman said during a recent webinar. “We don’t know exactly what.”
Soybean crush margins plummet in wake of EPA ruling
Sector says agency’s proposed renewable volume obligation for biomass-based diesel provides little incentive for crushers
There is plenty of uncertainty in world soybean markets, says an economist. Much of the confusion stems from a Dec. 1 announcement by the U.S. Environmental Protection Agency. The EPA set its proposed renewable volume obligation for biomass-based diesel at 2.82 billion gallons for 2023, rising to 2.95 billion gallons by 2025. The proposal was […] Read more
Hot August weather forecast threatens U.S. soybeans
A forecast calling for a hot and dry August in the western portion of the U.S. Midwest is putting one major crop in jeopardy. “The soybean crop is at risk, in my opinion,” said Drew Lerner, president of World Weather Inc. “I am concerned about the soybean production number for this year.” U.S. corn and […] Read more
Soybeans rise on strong demand; wheat and corn also up
SINGAPORE/PARIS, March 23 (Reuters) – Chicago soybean futures rose for a third consecutive session on Wednesday, with signs of strong export demand for U.S. cargoes supporting prices, even as the South American harvest peaked. Wheat also rose and corn edged higher on continued concerns over the impact of a prolonged Russia-Ukraine conflict on global supplies. […] Read more
China’s soybean imports in Jan-Feb beat market expectations
BEIJING, March 7 (Reuters) – China’s soybean imports in the first two months of 2022 rose from the previous year, customs data showed on Monday, beating market expectations. China, the world’s top importer of soybeans, brought in 13.94 million tonnes of the oilseed in the Jan-Feb period, up 4.1 percent from 13.41 million tonnes in […] Read more
Soybean acreage slide continues in Manitoba
Soybeans are going through a rough patch in Manitoba. Seeded acres could drop by 400,000 because hundreds of growers had disappointing yields in 2019. “I’m thinking we’re going to see just under a million acres. Maybe around 900,000,” said Dennis Lange, pulse crop specialist with Manitoba Agriculture. Lange shared his prediction in the hallways of […] Read more
Revising numbers on Brazil’s massive soybean crop
WINNIPEG, (MarketsFarm) – There is one certainty when it comes to Brazil’s soybean crop for 2020/21 – it’s going to be massive. With the harvest well underway, a few recent projections have far exceeded the estimated 117.0 million tonnes produced in 2019/20. The forecasts came out ahead of the next grain harvest survey from Companhia […] Read more
China plans to issue biosafety certificates to domestic GM soybean, corn
BEIJING (Reuters) — China’s agriculture ministry said Dec. 30 it plans to issue biosafety certificates to a domestically grown, genetically modified (GM) soybean crop and two corn crops, in a move towards commercializing GM grain production in the world’s top market. China will grant the certificate to SHZD32-01 soybean developed by Shanghai Jiaotong University, provided […] Read more
Weather took a toll on Manitoba, North Dakota soybean harvest
After weeks of minimal progress, farmers in Manitoba and North Dakota are getting soybeans in the bin. In the first week of November, 75-80 percent of the soybeans were harvested in Manitoba. That’s behind the three year average of 94 percent but much better than the third week of October, when only 25 percent of […] Read more
