India's declining soybean production and rising consumption have resulted in a steady growth of its vegoil imports in recent years, which Oil World has estimated will increase by 31.5 percent over imports in 2011/12. U.S. Soybean Crop Problems Centered in Missouri Yesterday's USDA crop progress report clearly shows that Missouri is the center of the U.S. soybean crop problems this year. It indicated that only 73 percent of the state's planned soybean plantings had been completed as of 5 July. That was up from 62 percent last week, but it is far below the previous five-year average of 97 percent and last year's 94 percent. The report further noted that only 60 percent of Missouri soybeans had emerged as of Sunday, down from the previous fi...
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.