Low Protein Content Hurting U.S. Soy Exports U.S. soybean exports and confirmed unshipped sales are down by 29.7 percent this year compared to a year ago. One reason for the decline was the much larger supply of soybeans in Brazil at the beginning of the U.S. marketing year. Those stocks were exported by Brazil in the fall and displaced demand for U.S. soybeans.Another reason U.S. soybean exports and unshipped sales are down is the low protein content of the 2011 crop. Recently a group of Illinois farmers in Japan were told by a major soybean crusher that it was shifting to importing more Brazilian soybeans because of the low protein content of the U.S. crop. Because Japan takes almost all of its soybeans from the U.S. via Gulf ports, th...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.