U.S. Soybean Export Council news
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.
The Illinois Soybean Association announced its lineup of fiscal year 2022 checkoff-funded projects that put Illinois soybean farmers’ profitability at the center of their work by growing opportunities for soybean uses, markets, accessibility and demand.
The U.S. Soybean Export Council, United Soybean Board and American Soybean Association announced that over 100 million metric tons of U.S. Soy Sustainability Assurance Protocol-verified soy has been exported internationally over the seven years since the protocol was launched in 2014.
The history of soybeans in the United States can be traced back to 1765, when the first soybean seed was planted in North America.