South American soybean producers have already exported a good volume, and the likely additional increase from Brazil and Argentina is expected to reduce demand for U.S. supplies exactly during the critical time of the U.S. harvest. Soybeans Global soy complex prices could be stagnant to soft in the near term because Chinese buyers seem to have limited interest in deferred positions beyond February. For example, there was only one cargo traded out of Brazil for November at a level of 193 SX CNF China, which would be the FOB equivalent of 132 SX in Brazil. These levels have a premium of around 10 cents over U.S. Gulf (USG) prices. How there can be a request for higher prices during a period of slowing demand is more understandable when cons...
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
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.