Because of the huge drop in India’s exports of non-biotech soymeal, animal feeders in Europe seeking imports of that variety have had to find alternative origins. One country benefitting from these events is China. Argentine Soymeal and Wheat Headed to the U.S. An Argentine ship lineup report that was released yesterday by the NABSA shipping agency indicates the Olympos, carrying a cargo of 24,456 MT of soymeal and 23,494 MT of wheat, departed Argentina this week. While the destination port was not identified, it almost certainly is Wilmington, North Carolina. The swine and poultry producers in the eastern region of that state have annually brought in a few cargoes of wheat and soymeal to the discharge facility in that port city.With ocea...
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...
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.