U.S. Soybean Export Council news
Leaders from the Indiana Corn Marketing Council and Indiana Soybean Alliance traveled to Panama to see how checkoff dollars are being used to boost markets in Central America.
Indiana Soybean Alliance Chair Mike Koehne promoted the benefits of U.S. soybeans to buyers in Japan and Korea. Koehne raises high oleic and food-grade soybeans, some of which are shipped to Japan.
Indiana Soybean Alliance farmers, leaders and staff visited Cairo to see firsthand opportunities and challenges for the soybean industry in Egypt.
Analysts missed the mark on the high and low ends of the pre-acreage report of corn and soybean estimates.
USDA analysts forecast record soybean production worldwide of nearly 410.6 million tons, up nearly 11% from last year. If realized, this would be the largest year-over-year production increase in nearly two decades.
The relationship between Illinois soybean farmers and Egyptian consumers becomes increasingly opportunistic when you have a growing population of people and a growing demand for protein.
Ryan Frieders had a visit from some hometown folks on his farm this summer. Not exactly “hometown,” but among a visiting group of soybean buyers and end users from the European Union were buyers who hailed from the EU nation of Luxembourg.“
The farmer-leaders of the United Soybean Board convened for its summer board meeting to approve a 2023 fiscal year budget of $123 million for program work, starting Oct. 1, 2022.
Soybean planted acres reported by the U.S. Department of Agriculture on June 30 of 88.3 million was 2.7 million less than March planting intensions, but a record soybean crop is projected, weather permitting, to meet record demand.
Two Illinois soybean farmer leaders were elected to executive leadership positions with the U.S. Soybean Export Council during Commodity Classic in New Orleans.
Illinois soybeans have a few distinct pathways to reach their end users. Each year, over 60% of Illinois soybeans leave the United States for customers around the world.
Based on testing, research and quality analysis, soybean meal from the United States delivers nutritional benefits, according to the U.S. Soybean Export Council.
The formation of unlikely partnerships and expansion of renewable diesel production are expected to spark robust demand for U.S. soybeans.
U.S. soybean production practices were once again recognized by the international community for sustainability efforts.
Illinois Soybean Association has named Eileen Urish as trade and exports manager.