In Missouri, World Grain reported that the Foreign Agricultural Service (FAS) of the US Department of Agriculture projected China’s grain output to reach 706.5 million tons in the 2024-2025 marketing year, a 1.6% increase over the previous year driven by expanded acreage and higher yields. China’s National Bureau of Statistics forecasts a 2% year-on-year increase […]
In Illinois, WFIG Radio reported that The USDA’s National Agricultural Statistics Service reported that Illinois had a positive year for soybean production in 2024. The report noted that farmers in the state produced 688 million bushels of soybean, exceeding the previous record of 667 million bushels set in 2018. The average yield increased to 64 […]
In Kansas, Kansas Reflector reported that a coalition of agriculture and energy companies requested the Kansas House approve a $5 million annual state tax credit to incentivize reluctant gas station operators to expand distribution of E15 fuel made with homegrown corn or sorghum. Rep. Ken Rahjes asked the House Taxation Committee to consider the “fiscally […]
In Brazil, Poder 360 reported that the Brazilian soybean harvest for the 2024/2025 period is estimated at around 168.15 million tons, according to Biond Agro. “The largely favorable weather conditions in most of the country support this performance, reinforcing Brazil’s leadership in the global soybean market,” said Felipe Jordy, intelligence and strategy manager at Biond […]
In Argentina, La Politica Online reported that the Paraguayan Chamber of Oilseed and Cereal Processors (Cappro) considered that a greater industrialization of soybean in the country would be essential. Of the 11 million tons of soybeans harvested in the last crop cycle, Paraguay only industrialized 25%, according to the report. Cappro’s general manager, Sandra Noguera, […]
In Illinois, WCIA reported that the Illinois Soybean Association (ISA) stated that Illinois farmers produced 688 million bushels of soybeans in 2024. This beat the state’s previous record of 666.75 million bushels, which was set in 2018. The Illinois Soybean Association said, “exceptional yields” and a record “harvested acreage,” helped contribute to the record number […]
In Brazil, Portal do Agronegocios reported that Brazil’s soybean exports are projected to reach 107 million tons in 2025, marking an 8% increase from the 98.8 million tons exported in 2024. The data was released by consultancy Safras & Mercado, which presented the sector’s supply and demand estimates. This forecast represents a revision compared to […]
In Argentina, Bichos de Campo reported that the Buenos Aires Grain Exchange has begun to cut their forecast for the 2024/25 Argentine soybean harvest due to the damage caused by the drought. The new estimate indicates that 49.6 million tons of soybean will be harvested so far this year, a figure one million less than […]
In Brazil, Noticias Agricolas reported that Brazil’s soybean production is expected to reach a record 170.72 million tons in 2024/25, up 15.6% from the previous season, according to Hedgepoint Global Markets. In a report, the consultancy estimated a soybean planted area of 47.54 million hectares this season, also pointing to a new record, while average […]
In Thailand, The Nation reported that the volume of burnt sugarcane during the 2024-25 harvest season is expected to decrease by more than 10% compared to the previous year, with the target set at a 25% reduction, due to several incentives. An official of the Office of the Cane and Sugar Board (OCSB) said that […]
