Beef and Beans With a surfeit of cheap soybeans (thanks to Chinese tariffs) coinciding with record cattle on feed inventories and strong domestic/export beef demand, there is an opportunity for some whole bean substitution in feed rations as a supplement for both protein and energy. The inclusion rate is limited to around 5 percent at a maximum because of oil content and other nutritional issues. Based on the latest WASDE, this year’s beef production is projected to total approximately 27.09 billion pounds, which would equate to a maximum fed cattle live weight total of 44.8 billion pounds. This implies an upper limit of 9-10 million bushels for soybean feed use. There is also the possibility that more soymeal may be fed in the form...
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.