Romania usually exports a very limited volume of feed wheat as the average protein level is above 11.5 percent and gluten is usually above 25 percent. However, feed wheat's share of total exports could rise significantly this year. Milling Wheat The Black Sea market is under pressure as the region's harvest is progressing and farmer selling is growing every day. At the current price for August shipment, Russian wheat should generate only the minimal 50 ruble ($0.90) export tax. The harvest in Ukraine and southern Russia is slow due to the excessive rains persisting during the past two weeks. The quality in Ukraine is reported to be lower than the five-year average, and there are increasingly more offers in the market for its feed wh...
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.