U.S. Soybean Export Council

As farmers face tight profit margins, organizations like the United Soybean Board are working hard to maximize market opportunities for U.S. soy.

The move over the past decade-plus toward utilizing shipping containers opened new markets and has had a major positive impact on Illinois soybean producers.

To gain a better perspective in the current November and December futures price volatility, a soybean trade specialist noted historic parallels in the past 20 years, buyer opportunities and demand potentials.

As soon as the large mahogany door in the congressional building was opened, the farmers were greeted with hellos and handshakes. “Do you want some Indiana popcorn?” the staff in Republican U.S. Rep. Greg Pence’s office proudly asked.

Hoosier farmer Jim Douglas is representing American farmers everywhere as the face of an advertisement campaign for soybeans in South Korea.

Leaders from the Indiana Corn Marketing Council and Indiana Soybean Alliance traveled to Panama to see how checkoff dollars are being used to boost markets in Central America.

Indiana Soybean Alliance Chair Mike Koehne promoted the benefits of U.S. soybeans to buyers in Japan and Korea. Koehne raises high oleic and food-grade soybeans, some of which are shipped to Japan.

Indiana Soybean Alliance farmers, leaders and staff visited Cairo to see firsthand opportunities and challenges for the soybean industry in Egypt.

Analysts missed the mark on the high and low ends of the pre-acreage report of corn and soybean estimates.

USDA analysts forecast record soybean production worldwide of nearly 410.6 million tons, up nearly 11% from last year. If realized, this would be the largest year-over-year production increase in nearly two decades.

The relationship between Illinois soybean farmers and Egyptian consumers becomes increasingly opportunistic when you have a growing population of people and a growing demand for protein.

Ryan Frieders had a visit from some hometown folks on his farm this summer. Not exactly “hometown,” but among a visiting group of soybean buyers and end users from the European Union were buyers who hailed from the EU nation of Luxembourg.“

The farmer-leaders of the United Soybean Board convened for its summer board meeting to approve a 2023 fiscal year budget of $123 million for program work, starting Oct. 1, 2022.

Soybean planted acres reported by the U.S. Department of Agriculture on June 30 of 88.3 million was 2.7 million less than March planting intensions, but a record soybean crop is projected, weather permitting, to meet record demand.

Two Illinois soybean farmer leaders were elected to executive leadership positions with the U.S. Soybean Export Council during Commodity Classic in New Orleans.

Illinois soybeans have a few distinct pathways to reach their end users. Each year, over 60% of Illinois soybeans leave the United States for customers around the world.

Based on testing, research and quality analysis, soybean meal from the United States delivers nutritional benefits, according to the U.S. Soybean Export Council.

The formation of unlikely partnerships and expansion of renewable diesel production are expected to spark robust demand for U.S. soybeans.

U.S. soybean production practices were once again recognized by the international community for sustainability efforts.

Illinois Soybean Association has named Eileen Urish as trade and exports manager.

The Illinois Soybean Association announced its lineup of fiscal year 2022 checkoff-funded projects that put Illinois soybean farmers’ profitability at the center of their work by growing opportunities for soybean uses, markets, accessibility and demand.

The U.S. Soybean Export Council, United Soybean Board and American Soybean Association announced that over 100 million metric tons of U.S. Soy Sustainability Assurance Protocol-verified soy has been exported internationally over the seven years since the protocol was launched in 2014.

The history of soybeans in the United States can be traced back to 1765, when the first soybean seed was planted in North America.

Increasing food production to meet growing demand and the role of carbon sequestration are nearing a crossroad. “I think we are on the forefront of a new revolution in our industry,” said Berry Marttin, Rabobank executive board member whose responsibilities include the bank’s international food and agriculture strategy.