Below you'll find a list of all posts that have been tagged as “soybean exports”
USDA November Soybean Crop Report: Yield Declines, Export Cuts, and Rising Prices The USDA has released its first soybean crop report since the government shutdown that began in September, and the November update brings several important insights for growers, marketers, and agriculture industry professionals. According to USDA Chief Economist Seth Meyer, the latest data reflect meaningful shifts in yield expectations, …
The American Soybean Association (ASA) is celebrating a major milestone for U.S. agriculture following the recent announcement of a U.S.-China trade agreement that includes significant soybean purchases. This development marks a positive turn for U.S. soybean farmers who have faced years of uncertainty in global trade markets. In a statement released last week, ASA President and Kentucky soybean farmer Caleb …
China continues to purchase U.S. soybeans with a more than one million metric ton buy on Friday, and another 600,000 metric ton purchase reported Monday. Following a round of trade talks last week, China pledged to purchase another five million metric tons of U.S. soybeans. Friday’s purchases by state-owned firms were believed to be destined for China’s state reserves, and …
Alabama soybean farmers are optimistic in light of China’s Dec. 12 purchase of U.S. soybeans, the nation’s first substantial U.S. agricultural purchase following a trade truce struck earlier this month. China’s haul of over 1.5 million tons of soybeans is valued at more than $500 million. In 2017, China bought 60 percent of U.S. soybeans — worth $12.25 billion — …
The Administration’s decision to impose 10 percent tariffs on an additional $200 billion in Chinese imports—and China’s subsequent retaliation on $60 billion of U.S. products—deepens and prolongs the trade war between the two countries, posing even more adverse consequences for American soybean farmers. Davie Stephens, a soybean grower from Clinton, Kentucky, and American Soybean Association (ASA) vice president stated, “If …
The European Commission released a report that says American farmers are now supplying more than half of the European Union’s soybeans. Over a 12-week period from July through mid-September, U.S. soy exports to the EU were 133 percent higher than the same time period in 2017. Politico says the U.S. supplied 25 percent of the EU’s soybeans needs from July …
China this week lowered its forecast for the 2018-2019 import season for soybeans due to the trade conflict between the U.S. and China. Farmers are reducing their use of soybeans in animal feed in China as China has placed massive tariffs on U.S. soybeans. Imports of soybeans in the crop year that starts on October first will be 83.65 million …
China’s exports of U.S. soybeans are expected to plummet over the next marketing year, according to the latest forecast. A soybean crushing industry executive told Reuters this week that China will almost entirely replace its soybean imports from the United States with Brazilian beans and other origins in the upcoming season. The latest forecast from China predicts Imports from the …
Everett Griner talks about how the tension of the trade war, and the tariff issue, has affected our soybean exports in today’s Agri View. Tension Affecting Farm Exports Soybeans are one of America’s largest crops. In total acreage it ranks right up there with cotton and corn. It goes without saying that imports are important. Up until recently China was …
China Monday accepted the 25 percent tariff on U.S. soybeans, as a vessel waiting to dock for five weeks reached port and began unloading. The move marks the first shipment of U.S. soybeans to be accepted with a 25 percent tariff stemming from the U.S.-China trade war. China’s state grain stockpiling company accepted the shipment, even as government officials warned …
