Oilseeds Major Feed Companies Hike Price to Offset Tariffs During the last week of September, several large feed manufacturers, including New Hope Group, Charoen Pokphand (CP), and China Haida Feed Group, announced plans to increase the prices of their feed products. This is the second time in less than two months that they have done so in response to China’s new tariffs on U.S. soybeans. Since 6 July (the first day those tariffs took effect) through the third week in September, the wholesale price of soybeans has risen RMB 209/MT ($30.43/MT) or 6.7 percent. Based on conversations with several feed company executives, a third price increase on their products may follow the conclusion of National Day Holiday week, which is being obse...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...