Soybean
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Soybean powerhouse Argentina eases currency policy to alleviate soybean scarcity
ARGENTINA- The world’s largest producer of soybeans, Argentina, is allowing grain exporters to keep 25% of the foreign currency they generate in September to import…
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Cargill seeks to acquire soy crushing facilities in Brazil
BRAZIL- US agricultural trading company Cargill has submitted a binding offer to acquire three soy crushing plants and four warehouses in Brazil from Granol, a…
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China soybean imports from US plummet by 63%, shifting to Brazil
CHINA- Data from the General Administration of Customs show that China’s soybean imports from the U.S. dropped 63% in July from a year earlier while…
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Maize, soybean scarcity shatter hope for cheaper feed prices despite import duty waiver
KENYA – Prices of animal feed remain high despite the government extending a duty waiver for manufacturers to import raw materials according to John Gathogo…
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SAGCOT bets on soybean, unveils strategy to reach 50,000 tonnes by 2025
TANZANIA – The Southern Agricultural Growth Corridor of Tanzania (SAGCOT) plans to produce more than 50,000 tonnes of soybean by 2025 against the current 5,000…