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Soybean prices reached the highest they’ve been in nearly a decade. Per the Wall Street Journal, prices have surged 30% this year, with the continuous contract for the crop ending trading on the ...
In 1933 soybeans were trading at $0.39 cents per bushel. By 1948 the same soybeans were trading at $4.13 a bushel. There was nothing different about the beans themselves.
The soybean checkoff is a congressionally-mandated assessment on soybeans, whose proceeds are used to fund soybean research and promotion efforts. The checkoff is managed by the United Soybean Board under the supervision of the United States Department of Agriculture Agricultural Marketing Service. In 2014, the checkoff was $109.1 million. [1]
1983 - The name of the soybean product line was changed from Peterson to Pioneer. 1991 - Pioneer purchases 2 million shares and establishes a partnership with Mycogen Seeds to develop Bt insect resistance in corn, sorghum, soybean, canola, sunflower, and other seeds. Pioneer sold the shares in 1998.
Paraguay's production was expected to reach barely 2.97 million tons in 2022, 68% less than in 2020/21. The average yield was only 900 kg/ha, the lowest figure in Paraguay's history, which led to increased idling of soybean oil processing plants. [7]
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Rice prices also reached ten-year highs. In some nations, milk and meat prices more than doubled, while soy (which hit a 34-year high price in December 2007 [93]) and maize prices have increased dramatically. [citation needed] Total food import bills rose by an estimated 25% for developing countries in 2007.