Argentina Lowers Soymeal Protein Guarantee Argentina's oilseed processing association (CIARA) recently notified all of the country's buyers of soymeal that its members have lowered the minimum protein requirement for soymeal from 47 percent to 46.5 percent. The association said the reduction was necessitated by a decline in the average protein content of Argentina's soybeans that it believes is now irreversible. Under the new guarantee, soymeal prices will be reduced on a one-to-one basis if the protein content falls between 46 percent and 46.49 percent and on a two-to-one basis if the protein content of shipments is between 45.5 percent and 45.99 percent. The new minimum protein guarantee is 45.5 percent.It is not surprising that Argent...
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.