Because of the growth in its poultry sector and aquaculture industry, Turkey's consumption of soybeans and soymeal has been rising rapidly in recent years as have imports, which are projected to increase 23.3 percent in the current marketing year against the volume of four years earlier. Declining Real Boosting Brazilian Meat, Soy Exports and Soymeal Consumption As previously noted, the devaluation of Brazil's real against the U.S. dollar has mostly insulated that country's farmers from the impact of declining global soybean prices over the last year. The devaluation is now generally believed to be the reason why they will further increase their soybean plantings for harvest in 2016. Oil World is predicting the gain in the 2015/16 crop y...
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.