The U.S. soybean sector has placed a high priority on promoting the use of soymeal and soy protein in aquaculture feeds in the U.S. and around the world. Most of the effort has been in Asia and Latin America where the aquaculture sector is the largest and governments are very supportive of expanding aquaculture production. Governments in this region view aquaculture as a way of producing seafood for their populations and export. As much as 10 MMT of soybean protein is now being used annually in aquaculture feeds around the world and the sector’s consumption is rising faster than that of other industries. The soybean sector has not focused much attention on promoting soy protein in the North American aquaculture sector because it is r...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.