Corn Planting Area to Rise 2 Percent in 2012, Soy Area to Drop 11 Percent A Chinese Ministry of Agriculture (MoA) survey and analysis of 2012 planting intentions forecasts that land used for corn planting will rise 2.1 percent this year to 35 million hectares. MoA projects the soybean planting area will decline for the third straight year, sliding 11.2 percent to under 7 million hectares. Meanwhile, the area devoted to wheat planting will be roughly unchanged at 24.2 million hectares.Recent comments from agricultural officials in Heilongjiang, which accounts for 40 percent of total soy output, underscore that persistent rising returns for corn this year are quickening the shift away from soy. In the current crop year, soybean returns per m...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.