Oilseeds China Looks to Russia for Alternative Soybean Supplies With a trade war looming between the U.S. and China, much of the commentary has focused on the latter’s limited alternative sourcing options for soybeans. While its threat of a 25-percent tariff on U.S. soybeans would certainly impact the largest single U.S. agricultural export to the Middle Kingdom, which accounted for more than 60 percent of the total value of all such exports shipped there in 2017, observers have correctly noted that China would have few other sources. At present, it imports about 64 percent of the 151 MMT of soybeans traded worldwide with 53 percent coming from Brazil, 35 percent from the U.S. and 7 percent from Argentina. That leaves about 5 percen...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.