While the 2015 U.S. ethanol exports total of 844 million gallons was 2 million gallons below the 846 million gallons in 2014, this was still only the third time they exceeded 800 million gallons.The final 2015 numbers are in for U.S. ethanol, and production reached 14.8 billion gallons, 500 million above the previous year’s 14.3 billion gallons. While the exports total of 844 million gallons was 2 million gallons below the 846 million gallons in 2014, this was still only the third time they exceeded 800 million gallons with the other occurrence in 2011 when they were 1.2 billion gallons. For the past two years, ethanol exports have accounted for about 300 million bushels of corn use.Canada remained the top destination for these exports in 2...
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...
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
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.