US soybean crush in 2020-21 is projected at a record 2,130 million bushels, up 1% on the year, driven by higher domestic use of soybean meal that more than offsets slightly lower meal exports, the “Increasing global import demand, particularly for China, and a recovery in U.S. market share will support higher soybean exports following a sharp decline over the past two years,” the USDA The agency predicts 94.0 million acres of corn to be planted in 2020, 2 million more acres than predicted at last year’s outlook and up 4.3 million acres from 2019, per February’s WASDE report. 2020 soybean acreage will take the lion’s share of last year’s 16.0 million prevented plant acres. US soybean export sales to China fall to lowest since September By Reuters on February 6, 2020 The most recent report also showed that unknown countries canceled sales totaling 238,800 tonnes of The U.S. Department of Agriculture recently released its latest “Outlook for U.S. Agricultural Trade,” forecasting U.S. agricultural exports in fiscal 2020 to $139.0 billion, up $2.0 billion from the August forecast. The increase, the agency said, is driven by higher soybean, pork and dairy export forecasts. The Outlook stated that, “U.S. agricultural exports in Fiscal Year (FY) 2020 are projected at $139.0 billion, up $2.0 billion from the August forecast, driven by higher soybean, pork, and dairy export forecasts. Soybean exports are up $1.2 billion to $18.0 billion as a result of higher unit values.
Since the U.S. average soybean yield is unchanged at 48.5 bushels per acre, lower acreage is entirely responsible for reducing 2019/20 expected production this month by 165 million bushels to 3.68 billion. USDA’s forecast of U.S. soybean exports for 2019/20 is lowered by 100 million bushels this month to 1.775 billion. U.S. Soy for a Growing World Through a global network of international offices and strong support in the U.S., we help build a preference for U.S. soybeans and soybean products, advocate for the use of soy in feed, aquaculture and human consumption, promote the benefits of soy use through education and connect industry leaders through a robust membership program.
10 Jan 2020 Margins in China for crushing raw soybeans into livestock feed and cooking oil have improved for mid-2020, the height of Brazil's soy export 1 day ago Despite the Phase One Trade Deal between the U.S. and China signed on January 15, 2020, the United States only has one cargo of 19 Dec 2017 Another Record Year for U.S. Soybean Exports. U.S. soybean farmers see $28 billion in exports Carroll will serve as the 2020 USB Chair. 28 Jan 2020 U.S. soybean ending stocks continued a five-year pattern of growth from a low of 191 million bushels in the 2014-2015 marketing year to 913 14 Feb 2020 USDA Thursday released the following export highlights in its export sales US CORN: Net sales of 968,800 MT for 2019/2020 were down 22
1 day ago Despite the Phase One Trade Deal between the U.S. and China signed on January 15, 2020, the United States only has one cargo of
17 Feb 2020 AgDay Analysis: Are U.S. Soybean Exports Able to Keep Up With Brazil? by Betsy Jibben screen_shot_2020-02-17_at_4.20.17_pm.png. ( ). 21 Jan 2020 Favored by the trade war, Brazil exported 83.3 million metric tons of soybeans If the US harvests a good 2020/21 soybean crop, the “market 26 Jan 2020 Export sales of U.S. corn were 1,006,900 metric tons for 2019/2020, up 28 percent from the previous week and 92 percent from the prior Reuters | Mar 6, 2020, 08.03 AM IST. Soybeans edge higher, weaker US export demand caps gains. Shutterstock.com. Soybeans were up 0.1 per cent at