General Comments Export grain inspections for the week ending 29 August were strong for wheat and corn, but soybean inspections were slim. Wheat's volume continues to reflect the early brisk pace of export sales, and corn's volume shows the impact of the availability of the southern corn harvest. The small volume of soybean export inspections reflects tight supplies and limited open old crop sales. There are only two days of corn and soybean inspections left to report for the 2012/13 crop year which ended 31 August. USDA grain inspections are not the official export volumes, but the YTD totals suggest that the final count will not be too far away from USDA's last WASDE estimates.After being idle since last Friday, the overnight session...
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.