The USDA’s Under Secretary of Trade says he’s expecting China to meet its commitment of purchasing 12 million metric tons of U.S. soybeans by the end of February. In an interview with Brownfield, Luke Lindberg says… “Right now, China has purchased about 10 million metric tons of soybeans.” China has also committed to purchasing 25 […]

The post USDA expects China to hit 12 million metric ton soybean goal appeared first on Brownfield Ag News.

Soybeans were mixed Friday, while still ending the week with a gain. Beans were watching weather in South America and getting ready for the upcoming numbers from USDA and CONAB. The USDA’s reports, including 2025 preliminary U.S. production totals, are out on the 12th, while CONAB’s updated outlook for Brazil is set for the 15th. […]

The post Soybeans, wheat mixed, corn weak ahead of several key USDA reports appeared first on Brownfield Ag News.

A professor at Purdue University says competition for crop production between Brazil and the U.S. isn’t slowing down anytime soon.  Joana Colussi, assistant professor at Purdue University, says Brazil has expanded its agricultural production each year. “Many farmers have found cost opportunities to increase their area for agriculture, especially with soybeans,” she says. “The cost […]

The post Crop production competition with Brazil isn’t expected to slow down anytime soon appeared first on Brownfield Ag News.

The nation’s largest farmer-owned cooperative will soon operate a grain facility owned by China’s largest food and ag company near St. Louis. CHS Inc., will take over operations of the Cahokia transloading terminal, owned by COFCO International Ltd., starting January 31. The terminal sits along the Mississippi River, has access to all seven Class I […]

The post CHS to operate COFCO grain terminal near St. Louis appeared first on Brownfield Ag News.