Changes in U.S. market share for global soyoil exports, along with those of soymeal, are analyzed. Results offer insight into the opportunities U.S. exporters face for the remainder of the marketing year. Developments in the corn, soybean, and wheat markets are similarly analyzed and results shown in graphical form.Farmers in Alberta and Saskatchewan may be forced to reduce their canola plantings this year because of wet fields as well as a critically important deadline that is rapidly approaching. More U.S. Soybeans to China? China’s Ministry of Commerce has drawn up a 117-page document detailing some of the steps that can be taken to boost imports from the U.S. and thereby reduce the imbalance in trade between the two countries. The rep...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.