It has been a turnaround Tuesday with bells on. Grain and soy markets recovered yesterday's loss and more in many cases with the soy complex leading the way. General Comments CME grain markets will close at the usual time on Wednesday, remain closed Thanksgiving Day and reopen on Friday before closing early that day at 1 pm (EST). The weekly export sales report from USDA/FAS will be released Friday morning instead of Thursday due to the holiday.It has been a turnaround Tuesday with bells on. Grain and soy markets recovered yesterday's loss and more in many cases with the soy complex leading the way. In turn, the soy complex was led by a sharp rise of soymeal prices. December meal closed $15.70 higher, and January meal was up $12.20. It ap...
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.