Indian Soymeal Sales Plummet in August India's soymeal exports last month totaled only 10,005 MT, which was 95 percent lower than exports of 165,510 MT in August 2011. The decline was a result of tight soybean supplies and very high prices. India sold large amounts of soymeal to Iran in recent months, but exports to Iran in August totaled only 4,218 MT versus 150,761 MT in July. The large exports of soymeal to Iran plus high prices and limited supplies of the product were the main reasons why the Indian poultry sector in August asked the government to limit soymeal exports. The government did not impose export restrictions on soymeal, but it did allow duty-free soymeal imports.India's exports of meals other than soymeal in August totaled...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.