Pakistan's soybean imports have substantially increased this year with USDA expecting that volume to more than double in 2015/16. The surge is being driven by several factors. Dakota and Minnesota Soybeans Moving to Eastern Corn Belt Crushers Most of the soybeans grown in the Dakotas and western Minnesota are usually shipped to Pacific Northwest (PNW) ports with relatively few moved east. However, that volume has been reduced this year due to a lack of demand on the West Coast because of larger South American shipments to Asia On the other hand, demand has been very strong this summer from soybean processors in the eastern Corn Belt as they have had exceptionally strong soymeal demand and good crushing margins. They have also had to pay a...
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.