The slowdown in China's economy is clearly having a significant impact on 2015/16 global soybean demand as growth in its soybean imports is expected to be much smaller than last year. Larger U.S. Canola and Sunseed Crops in 2015 While the focus in the oilseed component of last week’s USDA reports was understandably on soybeans, the crop production report showed that the U.S. sharply boosted its production of canola and sunseeds in 2015. It indicated U.S. farmers will produce 3.092 billion pounds (1,402,477 MT) of canola, a 23.1 percent increase over the total 2.511 billion pounds (1,138,980 MT) in 2014. This gain was the result of an 11 percent increase in both harvested area and average yield. This year’s average yield was 1,791 pounds p...
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.