Soybeans Dalien soybean futures and spot prices have defied seasonal trends since October 2025. They have been rising due to structural shortages of high-protein soybeans. Liu Mei, soybean analyst for Shanghai Steel Network, blames the situation on a poor harvest last year in the south, a delayed harvest in the northeast, holiday demand, and the resumption of work and production. China’s soybean imports in March were down nearly 15 percent to 4.02 MMT, compared with a forecast of 6.4 MMT. They were 16.58 MMT during January – March, a year-on-year decline of 3.1 percent. Meanwhile, Brazil shipped 9.97 MMT of soybeans to China in March, which was down 1.1 MMT from March 2025. Brazil’s exports to other destinations were...
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.