Oilseeds Soymeal Inventory Rises as Feed Demand Falls Sharply The impact of African swine flu (ASF) has continued to dampen feed demand throughout the end of October and into the start of November. Equally important, the newly recommended protein inclusion guidance of 26 October also appears to be impacting soymeal utilization. As a result, the nation’s estimated soymeal inventory climbed for the second consecutive week to reach 968,900 MT as of 2 November, up 75,300 MT (+8.4 percent) from the previous week and, reversing trends from two weeks ago, 320,600 MT (+49.5 percent) more than the same week in 2017. Regionally, meal stocks increased everywhere except in Guangdong and Guangxi, which had drops of 1,300 MT (-2.6 percent) to 48,...
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.