Not very often do North and South America enjoy such similarly beneficial weather for spring planted crops during the same crop cycle as has been seen during 2014/15, and the results are predictable for this year's Brazilian soybean production.In 2014, U.S. soybean farmers enjoyed mostly favorable weather conditions throughout the summer growing season. They were about as good as it gets over such a huge land mass that extends from the Dakotas to the Gulf and from the piedmont regions near the Atlantic Ocean to the eastern Plains, although not perfect everywhere the crop is produced. The result was a new record national average yield of 47.8 bushels/acre and a record soybean crop approaching 4 billion bushels.After some early planting delay...
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.