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Soybeans
Government, Business, Fuel

Soybean Demand Drops as US Biofuel Tax Credit Stalls

Soybean truck

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans because of uncertainty over U.S. biofuels policy.

Tarso Veloso and Kim Chipman | Bloomberg News
October 29, 2024
Business, Technology, Fuel

N.D. Opens Soybean Processing Plant for Renewable Diesel Oil

Greg Morris of ADM cutting ribbon

North Dakota’s renewable diesel industry took a giant leap forward as the state opened its first fully dedicated soybean-crushing plant that will make biofuel oil.

Noël Fletcher | Staff Reporter
November 17, 2023

Illinois Welcomes Expansion of Soybean Plant for Biodiesel

Illinois Gov. JB Prizker (second from right)

Illinois Gov. J.B. Pritzker celebrated groundbreaking at a $250 million soybean processing plant expansion that would contribute to increased production of biodiesel.

Noël Fletcher | Staff Reporter
September 11, 2023
Business, Equipment, Fuel

Nebraska Soybean Farmers Extol Biodiesel Benefits

Truck with biodiesel banner

A trucking campaign promoting biodiesel fuel to easily lower carbon emissions by the state soybean farmers has been such a success in raising awareness it may be repeated.

Noël Fletcher | Staff Reporter
June 6, 2023
Government, Business

China Purchases Brazilian Soybeans Before Trade Deal With US

Image

China is picking up soybean cargoes in Brazil, dashing hopes for big American sales immediately after a partial trade deal is signed with the U.S. next week, according to people familiar with the matter.

Isis Almeida and Tatiana Freitas | Bloomberg News
January 8, 2020
Government, Business

China’s Soy-Buying Spree May Signal Prudence Before Talks

Image

Chinese firms have been snapping up U.S. soybeans this week, but don’t mistake this as a sign of buyer confidence in upcoming trade talks.

Alfred Cang and Isis Almeida | Bloomberg News
October 3, 2019
Government, Business

US Soy Shippers Get Small Perk From Otherwise Horrid Trade War

Image

The trade war between the U.S. and China continues to surprise agricultural markets, even delivering an unexpected reprieve for American farmers who have otherwise been roiled by the conflict.

Michael Hirtzer and Dominic Carey | Bloomberg News
September 3, 2019
Government, Business

China Ramps Up Brazil Soybean Imports, Rebuffing US Crops

Image

China is stepping up its soybean buying in Brazil as growers in Argentina continue to hoard and the Asian nation avoids American oilseed after an escalation in trade tensions between Washington and Beijing.

Bloomberg News
August 16, 2019
Government, Business, Logistics

As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up

Image

While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”

Michael Hirtzer | Bloomberg News
August 7, 2019
Government, Business

China Considers Plan to Boost Purchases of US Soybeans

Image

The Chinese government is in discussions with state and privately owned soybean buyers over a plan to raise purchases of U.S. supplies, according to people familiar with the situation.

Bloomberg News
July 22, 2019

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