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Soybean Marker Set Up

Soybean industry leaders unveiled a historical marker Jan. 9 recognizing that the first soybean crop grown in North America was planted on Skidaway Island in 1765. Participating in the unveiling ceremony were: (from left) American Soybean Association President Richard Wilkins, of Greenwood, Del.; Georgia/Florida Soybean Association President Walter Godwin, of Pelham, Ga.; Georgia Historical Society Historical Marker Program Coordinator Elyse Butler of Savannah and Georgia Soybean Commodity Commission Chairman Greg Mims of Donalsonville, Ga.

On Jan. 9 the Georgia Historical Society, the Georgia/Florida Soybean Association and the Georgia Agricultural Commodity Commission for Soybeans erected a marker on Skidaway Island near Savannah commemorating the introduction of soybeans to North America.

Soybeans were brought to the Georgia colony from China by Samuel Bowen in 1764. The first North American soybean crop was planted in the spring of 1765 at Orangedale Plantation on Skidaway Island, land owned by then-Georgia Surveyor General Henry Yonge. The Orangedale land is now a part of UGA’s Skidaway Institute of Oceanography. The marker is on McWhorter drive approximately one mile from the institute.

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.