USB hosts virtual roundtable meeting for soybean farmers, food companies.
September 28, 2022
As more food companies move toward regenerative agriculture commitments to meet bold sustainability goals, close collaboration between the food industry and farmers is key to ensuring true sustainability along the supply chain.
Facility will meet increasing demand for renewable products
May 10, 2021
ADM has announced its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.
Corn production is forecast at 14.4 billion bushels, up 3% from both August and 2013, while soybean production is anticipated at 3.9 billion bushels, up 3% from August and 19% from 2013. The California Navel orange production for the 2014-2015 timeframe was pegged at 1.62 million tons, dropping 4% from the previous season, says a USDA report.
Forecasters say there’s a heat dome over the Corn Belt, and soybean prices are nearing record totals. Food inflation fears and fuel worries continue. The drought is affecting 55% of the land mass in the lower 48 states.