So far in 2014/15, the soybean futures market has been more impressed by the demand for soybeans and soymeal than by soybean supplies. However, it will probably look quite differently in the last six months of 2014/15 because of several factors. General Comments The U.S. produced a record soybean crop for 2014/15 that promises to alleviate several years of tight U.S. soybean supplies and leave a large carryout. The South American soybean growing season has been almost a carbon copy of the favorable U.S. growing conditions six months earlier, and it is leading to a similar result – a record-large soybean crop. World soybean supplies have never been larger, and ending 2014/15 world stocks will soar to an astounding 90 MMT, a level never dre...
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.
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...