This year Monsanto expects up to 35 million acres of Intacta soybeans to be planted in Brazil and the area to increase to 75 million acres by 2019. That’s good news for the company and Brazilian farmers but not for companies like DuPont, which have been selling large volumes of insecticides to those farmers. USDA Raises U.S. Soy Exports, Cuts Stocks USDA did not make many changes to its U.S. and global soybean supply/demand forecasts. However, one revision that is significant to the U.S. sector was a 15-million-bushel boost in its forecast for 2015/16 U.S. soybean exports to 1.705 million bushels (46.4 MMT). As a result of that, USDA reduced its estimate for U.S. soybean ending stocks on 31 August 2016 by a like amount to 445 million bush...
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
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.