The political mood of the transportation and port industries might play a bigger role in the soybean supply and demand situation than record crop production and supplies.WPI and others have written often in recent weeks about the resiliency of the soybean market in the face of a record world production that will also lead to a record buildup in world soybean supplies. The unexpected strength in soybeans and soybean prices has been the result of many things including:
Record demand from China. It seems that USDA and every other analyst continues to underestimate the country's demand for protein. A slower pace of China's economy, poor domestic crush margins and a host of other excuses that are supposed to explain why demand growth should a...
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...
