While the record pace of Brazilian and Argentine soybean export sales in 2015 continues, Korea's largest feed miller (Nonghyup Feed, Inc.) yesterday passed on all offers to purchase South American soymeal for fall shipment. Ukraine Expects Big Soybean Crop and Wants to Export Soymeal to China Ukraine's Ministry of Agriculture is forecasting the country's 2015 soybean output at 4.1 MMT, an increase of about 5 percent over last year. It indicates that farmers planted 2.1 million hectares, up from 1.8 million hectares a year ago. 2.76 million hectares of soybeans were harvested in 2013 and 2.41 million hectares in 2012.The Ukrainian government is seeking to export soymeal to China this year after a recent visit by a delegation from tha...
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.