General Comments USDA reported that as of last Sunday, 84 percent of the U.S. corn harvest was finished and 91 percent of the soybean harvest was complete. Both were about as expected. In another week or so, the 2013 harvests will be history. However, given the late spring planting and the checkered growing season weather, the harvest results have to be counted as outstanding. We imagine there will be considerable study devoted to determining how such outstanding results were achieved, and we also imagine that the extended growing season this fall must receive some of the credit.Total export inspections last week were again very large. FGIS inspected a total of 109,134,000 bushels of grain and oilseeds for export. During the last two w...
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.