India's rapeseed and mustard seed prices are now rising in tandem with demand due to the non-availability of other oilseeds, while mustard seed oil is also finding support. Drought Looms Large Against Larger Sown Area 42 percent of India has received scanty rainfall during the 1 June-3 September 2015 period with the southern peninsula the driest at 22 percent below normal. Other areas where the situation is very critical are Maharashtra's Marathwada, western Maharashtra and northern interior Karnataka. This still does not qualify as a drought year, however, as the deficiency must be more than 12 percent in order to be labeled such, and the average is exactly at that percentage point. The August rains were 22 percent below normal.Consideri...
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.