On December 9, the USDA released the World Agricultural Supply and Demand Estimates report for December. Despite strong U.S. soybean export numbers in the early part of the marketing year driven by Chinese imports, the USDA maintained the forecast of 2016-17 marketing year exports of U.S. soybeans at 2.05 billion bushels. The lack of change in the soybean export forecast surprised some soybean market observers. The potential for strong South American soybean export competition in the second half of the marketing year is the limiting factor in expanded U.S. soybean exports. The USDA's Foreign Agricultural Service World Production Report [...]
By Todd Hubbs|2022-03-31T14:32:23-05:00December 23, 2016|
The Illinois Soybean Association (ISA) checkoff and membership programs represent more than 43,000 soybean farmers in Illinois. The checkoff funds market development, soybean production and government relations efforts, while the membership program, Illinois Soybean Growers (ISG) and the Illinois Soybean Growers PAC actively advocates for positive and impactful legislation for farmers at local, state and national levels. ISA upholds the interests of Illinois soybean farmers through promotion, advocacy, research and education with the vision of becoming a trusted partner of Illinois soybean farmers to ensure their profitability now and for future generations.