ADM announced yesterday that it plans to add capacity at its rapeseed crushing plant in Straubing, Germany to process non-GM soybeans predominately sourced in the Danube River basin. Cargill to Expand Wichita Soy Crush Plant Cargill announced this week that it plans to expand the capacity of its soybean crushing facility in Wichita, Kansas by 30 percent at an expected cost of $50 million. This is projected to be completed in 2017. The company recently spent $10 million to enlarge capacity at its adjacent oil dressing refining plant. Cargill’s Wichita crushing facility is well located to receive soybeans from growers in central and western Kansas, eastern Colorado, Oklahoma, and the upper Texas Panhandle. ADM to Add Capacity to Crush Non-...
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.
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...