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Balanced Reporting. Trusted Insights.
Wednesday, April 02, 2025
A $1.3 million investment from the United Soybean Board and other soybean associations will double the export capability of Washington’s Port of Grays Harbor to 6 million metric tons of soybean meal.
Republican members of the House Committee on the Chinese Communist Party are raising concerns about the Agriculture Department’s quick approval of a variety of genetically modified soybeans developed by Chinese company Qi Biodesign.
The Agriculture Department raised its estimate for corn production to 15.1 billion bushels, a jump from its June projection of 14.8 billion, but slightly lowered its prediction for ending stocks, in its World Agricultural Supply and Demand Estimates report issued Friday.
The rising demand for renewable fuel and subsequent tax credits to incentivize production has led to a significant spike in imported feedstocks like used cooking oil and tallow, which some say could undermine the domestic oilseed industry and potentially allows some fraudulent materials to enter the market.
The Agriculture Department is seeking input on how to measure reductions in greenhouse gas emissions from crops grown as biofuel feedstocks, part of an effort to increase production of sustainable aviation fuel.
Iowa farmers on Thursday urged members of Congress to be cautious in seeking to curb China's theft of U.S. intellectual property and unfair trade tactics, noting the nation's importance as a consumer of soybeans and other commodities.
Drought is taking a higher-than-expected toll on Argentina’s corn and soybean farmers, according to the USDA, which cut production and export forecasts Wednesday for the South American country.
Drought has spread into regions this fall essential to the Biden administration’s plans to boost wheat production through double cropping, but many farmers who follow the practice in their normal rotations haven’t strayed from their plans to sow winter wheat this fall.
