While China's total grain output has stabilized at 600 MMT per year, imports have continued to grow and exceeded 100 MMT last year for the first time in history due to several factors that have been driving domestic buyers to the global market. Oilseeds Soymeal Inventories Edge Downward Last week's soymeal inventories fell 130,000 MT to 1.35 MMT, a decline of 8.77 percent, following two consecutive weeks of increases. That total is also 654,400 MT or 32.61 percent lower than the volume for the same week in 2014. Among the surveyed regions, the only gain occurred in Guangdong where inventories rose 23.01 percent from the previous week to 190,000 MT. The biggest drop occurred in northeast China with a 40.25 percent decrease to 64,000 MT. M...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.