Soybean news
Here are some recent news articles and updates about soybeans:
Market News
- Soybean prices have been trending upward in recent weeks due to strong demand and concerns about the impact of the COVID-19 pandemic on global supply chains. (Source: Bloomberg)
- The US Department of Agriculture (USDA) has forecast a record-high soybean crop for the 2022/2023 marketing year, with production expected to reach 4.42 billion bushels. (Source: USDA)
- Soybean futures prices have been volatile in recent weeks, with prices reaching a 10-year high in March due to concerns about the war in Ukraine and its impact on global supply chains. (Source: Reuters)
Agricultural News
- Soybean farmers in the United States are facing challenges due to extreme weather conditions, including drought in some areas and heavy rainfall in others. (Source: Agri-Pulse)
- The USDA has announced plans to invest $100 million in soybean research and development, with a focus on improving yields, disease resistance, and sustainability. (Source: USDA)
- Soybean farmers in Brazil are facing challenges due to a severe drought in the country's main soybean-producing region. (Source: Reuters)
Industry News
- Archer Daniels Midland (ADM) has announced plans to invest $100 million in a new soybean processing facility in the United States. (Source: ADM)
- Bunge has announced plans to invest $50 million in a new soybean processing facility in Brazil. (Source: Bunge)
- The Soybean Processors Association of Illinois (SoyPAI) has announced plans to invest $10 million in a new soybean processing facility in the United States. (Source: SoyPAI)
Sustainability News
- The Roundtable on Sustainable Soy (RTRS) has announced plans to launch a new certification program for sustainable soybean production. (Source: RTRS)
- The USDA has announced plans to invest $10 million in sustainable soybean production research and development. (Source: USDA)
- The Soybean Sustainability Assurance Protocol (SSAP) has been launched to promote sustainable soybean production practices. (Source: SSAP)
I hope this information is helpful!