Japan's Soybean Imports Forecast to fall to 43-Year Low Japan's Oil and Fat Importers association on Friday predicted Japan's imports of soybeans this year are likely to decline by 4.6 percent to 2.7 MMT. If imports do fall that low, it would be the lowest level of imports in 43 years. That also would be a 47 percent decline in Japan's imports since it imported almost 5.2 MMT in the 2002/03 marketing year.The sharp decline in Japan's soybean imports is rather shocking considering that Japan was the world's largest single-country importer of soybeans as recently as the 1998/99 marketing year. Since then, China has become by far the largest importer of soybeans while Japan has declined in importance. The decline is primarily a result of a...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.