Much of grain sorghum's sudden rise in China is due to government policies, announced or not, designed to protect the price of domestic corn production.If one were to poll U.S. urban dwellers on the important field crops produced by American farmers, most would probably name corn and wheat. A number of others would also cite soybeans. However, we doubt that very many would add grain sorghum to the list. In fact, we don't' believe that very many have ever heard of that crop. Grain sorghum production in the U.S. and the world typically attracts little, if any, public attention. Generically, it is put in the category of "minor feed grains" along with barley and oats. In terms of 2014 harvested crop acreage in the U.S., grain sorghum ranks sixt...
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.