The recent evolution of supply and demand issues for non-GM
lecithin is pushing ingredients manufacturers such as Danisco to
promote their alternatives on the market, reports Lindsey
Partos.
Ingredients players and food makers could expect some relief in soy
ingredients prices as soybean futures on the Chicago Board of Trade
fell yesterday, reports Lindsey Partos.
The American Soybean Association (ASA) has expressed concern that
fungicide supplies may be inadequate to control a major outbreak of
soybean rust, reports Anthony Fletcher.
Price rises for soy-related ingredients are still under pressure as
drought, high production costs and a strong real all impact soybean
production for Brazil's 2004-05 crop, writes Lindsey Partos.
Highly refined soybean oil does not cause reactions in people who
are allergic to soybeans, claim US food scientists at the
University of Nebraska-Lincoln.
Syngenta Crop Protection today launched an early warning web-based
system to help growers protect their crops against Asian soybean
rust, the disease which has persuaded some US farmers to reduce the
number of acres planted with soy...
Pressure on soy prices likely to continue with a new report
revealing China is expected to reduce its principal soybean
planting area, while increasing corn and rice planting in 2005.
Oil ingredient supplier Archer Daniels Midland said on Wednesday it
will close operations at a Brazilian soybean crushing, refining and
bottling plant.
Oil ingredient supplier Archer Daniels Midland said on Wednesday it
will close operations at a Brazilian soybean crushing, refining and
bottling plant.
Health ingredients manufacturer Fenchem says its newly certified
range of non-GMO products will lead the way in building confidence
in Chinese manufacturers, reports Dominique Patton.
Global stocks of soybeans continue to rise after a draw-down in
recent years, with production to reach 52.6 million tonnes in
2004/05, 15.2 million tonnes more than in 2003/04.
Food makers using soybeans suffered further price increases last
month as a worsening drought reduced production in Brazil and
pushed US soybean prices in February up around $1 a bushel, said
the USDA this week.
Finnish vegetable oil maker Suomen Rehu strengthens market
synergies buying a majority stake in rapeseed and soy oil firm
Mildola Oy, writes Lindsey Partos.
Archer Daniels Midland said yesterday that it has acquired Solae's
global soy isoflavone business, including its entire portfolio of
US and foreign patents.
Global stocks of soybeans continue to rise after last year's price
spiking draw-down, with oilseed production for 2004-05 projected to
reach 390.2 million tonnes, providing a 'comfort-zone' for
inventory levels.
Global stocks of soybeans continue to rise after last year's price
spiking draw-down, with oilseed production for 2004-05 projected to
reach 390.2 million tonnes, providing a 'comfort-zone' for
inventory levels.
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Bunge, the biggest processor of oilseed in the world, was extremely
upbeat about its results yesterday, despite volatility in the
fourth quarter keeping profit back to five percent, writes
Philippa Nuttall.
Canadian firm SunOpta last week signed an agreement with MicroSoy
of Jefferson, Iowa to market its toasted soy flake ingredients in
the North American market.
Wheat prices are still open to risk as low global stocks provide
little buffer to surprise supply shocks but soybean prices should
remain low on record high global inventories, writes Lindsey
Partos.
A report from market researcher Mintel suggests that soy may be
falling out of favor with consumers, and that food manufacturers
are having to be more imaginative in their bid to encourage them to
include it in their diets.
China continues to pull on global commodities with demand for US
soybeans rising in 2004/05 by nearly 50 per cent on the previous
year, reports Lindsey Partos. China's total contracts for
soybeans reached 6.6 million tonnes by...
Food makers sourcing soy ingredients from Brazil will be interested
to see that the country will not issue another decree to
temporarily lift the ban on the planting and sale of genetically
modified soybeans for the upcoming season.
As demand for soybean oil in food formulations keeps on rising US
agri giant Cargill has opened opens its sixth processing plant in
Brazil. But at the same time, the €1.04bn private firm said poor
returns on its High Fructose Corn...
Faced with capacity problems due to growing business over recent
years Danish emulsifier supplier Palsgaard has poured €10 million
into expanding its emulsifier facilities in Denmark.
US agribusiness Archer Daniels Midland (ADM), one of the world's
largest processors of soybeans, saw double-digit sales growth for
the year but overall profits were hit by an unpredictable
agribusiness market.
Health concerns continue to drive market growth for soy ingredients
but prices have risen over the past year due to a squeeze in
supplies. However, favourable weather conditions for soybean crops
in the US could offer some relief...
As the food industry answers consumer health concerns expanding the
use of soybean-derived ingredients in food formulations, volatility
in price for the crop is set to continue with few signs that
supplies will improve this year.
Regular intake of soyfoods is associated with a reduced risk of
endometrial cancer, finds a large study of Chinese women published
in tomorrow's British Medical Journal (vol 328, p1285).
At the beginning of the year Israel-based soy proteins specialist
Solbar, announced its move into the soy proteins in China. Simon
Pitman spoke to the company about the project and discovered
that soy protein demand is a major driving...
Taking supplements of soy isoflavones, thought to help women fight
menopause symptoms and offer other health benefits, may not be
equally beneficial for men, suggests new animal research, writes
Dominique Patton.
Taking supplements of soy isoflavones, thought to help women fight
menopause symptoms and offer other health benefits, may not be
equally beneficial for men, suggests new animal research.
Smart risk management moves guided the world's leading oilseed
processor Bunge to a massive 75 per cent rise in income for the
first quarter as the price of soybeans reached 15 year highs on
poor crop harvests last year.
High prices for soya raw materials keep on rolling, but new
research from the Netherlands confirms the benefits that soya
proteins can offer food manufacturers on the hunt for meat
substitutes.
Companies working with soy and soy derivatives face continuing
price rises for the raw material as the US - a leading global
producer and exporter of the crop - raises concerns about the
'unusually low soybean stocks level'...
Fearing the invasion of the devasting soybean rust, the American
Soybean Association (ASA) has repeated its call for a temporary ban
on South American soybean imports, despite assurances from the Bush
administration that trade would...
Shemen Industries, Israel's leading producer of edible oils and
soya meals, is in negotiations with US agri-giant Cargill over a
future partnership with its soy isoflavones division, according to
a report in the Globes Online.
Leading isoflavone producer Novogen has launched a research centre
that will provide consumers and the media, increasingly drawing
attention to isoflavone supplements, with the latest information on
the plant-derived compounds.
China's soybean shopping team left for the US this week. Top of the
list? Contracts in the range of 1.5 million tonnes of soybeans,
predicts the Chinese government.
ADM Natural Health and Nutrition has expanded its range of soya
isoflavone concentrates for use in food and food supplements.
Novasoy 700 has a minimum 70 per cent isoflavone content and
Novasoy 200 is a 20 per cent isoflavone concentrate.
The regional distribution of soybean production and processing capacity in the US has shifted dramatically during the last decade. Citing the impact of emerging markets, a new study claims this change will have important consequences for the US soybean...
A disappointment for the food industry the US government last week
predicted a cut in the forecast for soybean production to the
lowest level in nearly 30 years. Although up slightly on 2002
figures, the area for harvest is expected...
The impact of higher commodity prices on ingredients manufacturers
continues to impact margins. In October figures show that soybean
prices peaked at their highest levels in six years.
