The state's new temporary purchase and reserve polices for corn were released last week, which together with another factor should drive up Chinese processors' utilization rates in the near term. Oilseeds Improving Feed Demand Drives down Meal Inventories Again As feed demand continues to rise, last week's estimated soymeal inventories totaled 1.01 MT, a 200,000 MT drop from the previous week and 250,000 MT lower than the same week in 2014. Among the surveyed areas, the only two regions where those inventories increased from the previous week were northern and northeastern China where they rose 9.48 percent to 153,600 MT and 14.5 percent to 63,300 MT, respectively. In sharp contrast, they declined significantly in the provinces of Shando...
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.