As the world's two largest soybean-producing nations, the U.S. and Brazil compete aggressively to supply the world's demand. Both countries have excellent farmland and farmers as well as access to the world's best technologies. However, Brazil may have a few other advantages. Poor Week for U.S. Soy Export Sales Today's USDA export sales report confirmed that last week was poor for U.S. soy export sales, at least for the current marketing year. It indicated net soybean export sales declined by 447,300 MT, mostly as a result of a 500,000 MT reduction in sales to China that included cancellation of 200,000 MT for 2014/15 and a shift of 300,000 MT to 2015/16. These changes plus decreases for unknown destinations (43,300 MT) and Panama (6,000...
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.