A somewhat interesting development in the soy complex is that old crop contracts appeared weaker than new crop in both soybeans and meal. That condition needs to be monitored because it could imply that the stout resolve of old crop is becoming softer. General Comments During both 2004 and 2013, the U.S. soybean market was in a transition period from having extremely tight stock/use ratios to having an abundant harvest, and the spread between the July and November soybean contracts in each period widened out beyond $3.00 per bushel. The current July-November soybean spread is trading around $2.60, and there are presently enough fundamental factors to conceivably enable market forces to take out the prior $3.23 high that occurred in the su...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.