From producer to processor to consumer, U.S. farmers are determined to meet the demand for soy ingredients—including high oleic soybean oil and complete proteins—as food manufacturers adapt to new marketplace trends.
People staying at home during the coronavirus (COVID-19) pandemic are munching more on cookies, chips and other snacks. Fat and oil selection plays a role in how healthy those snacks are. Oil blends are one way to reduce the amount of saturated fat in...
The evolving concept of a clean label keeps snack and bakery formulators on their toes.
Choosing the optimal fat is key to developing a delicious doughnut. Options include shortenings that help keep the doughnut from drying out too quickly, improve the mouthfeel, and produce stable icings.
A new FDA qualified health claim states that oils high in oleic acid, such as high oleic soybean oil, may reduce the risk of coronary heart disease.
As the trade dispute with China accelerates, and a very good and slightly early 2018 soybean crop has become virtually assured, both soybeans and crude soybean oil futures…
To some extent, soybean oil is a residual commodity, secondary to soybean meal, in driving processing rates and influencing complex prices. Crush rates are driven primarily…
On April 4, 2018, soybean futures quotes suffered a highly volatile day upon China’s announcement of import tariffs on U.S. soybeans. Soybean futures dropped…
In late October, the U.S. Environmental Protection Agency’s (EPA) decided not to move forward with reducing the biomass-based diesel and advanced biofuel requirements…
Global approval will advance the growth of U.S.-grown high oleic soybeans, leading to an ample supply for the food industry.
The October 2017 update focused on the Environmental Protection Agency’s (EPA) notification of reducing the biomass-based diesel and on the advanced biofuel volume…
The latest projection released by the United States Department of Agriculture (USDA) promises a plentiful supply of soybeans through 2018 and projections show…
Food manufacturers can promote eligible soybean oil products as U.S. grown and now, heart healthy.
The Chinese Ministry of Agriculture recently granted approval for the import and food and feed use of Monsanto’s MON 87705 soybean, farmers will have access to this…
A new AHA Presidential Advisory reviews and examines the scientific evidence supporting this longstanding recommendation to decrease saturated fat intake, and increase polyunsaturated and monounsaturated fat intake to…
While the mechanism behind the ability of soy protein to lower cholesterol levels in humans remains elusive, it has been observed that soyfoods can help to lower cholesterol levels by replacing…
High oleic soybean oil and shortening is now available to food companies.
High oleic soybean oils set to hit the marketplace in a big way.
Keep up-to-date with the latest QUALISOY and U.S. Soy news.
Richard Galloway
On April 4, 2018, soybean futures quotes suffered a highly volatile day upon China’s announcement of import tariffs on U.S. soybeans. Soybean futures dropped over five percent in value before recovering about half that loss on the market.1 However, subsequent to the announcement, soybean futures recovered all of the immediate loss.
This positive turn can be explained by three factors: the recent dialogue between Chinese and American officials, the demand of U.S. soy regardless to any trade war, and the weather-related reduction in the Argentine soybean crop. In the April USDA World Agricultural Supply and Demand Estimates (WASDE) update, USDA projected global soybean imports to be up five percent at more than 150 million metric tons.2 The U.S. is projected to produce 37 percent of soybeans supplied to the world. Brazil is expected to produce 48 percent, while the remaining 15 percent will be sourced from other origins. Tariffs on U.S. soybeans will not significantly affect the ultimate export number for domestic soybeans.
Any negative impact on soybean values would tend to weigh most heavily on soybean oil values, since global soybean meal demand remains extremely robust in the developing world. As more soybean meal is used to feed livestock and poultry, oil surpluses develop.1 The latest WASDE update forecasted U.S. soybean oil stocks to be at a near 2 billion pounds in September 2018.2 This would be the densest level in six years. USDA is forecasting 2017-18 soybean oil prices to average about 1 cent per pound, which is similar to its current level.
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