Large U.S. Soy Export Sales Once Again As expected, today's USDA export sales report showed large U.S. export sales of soybeans and soymeal. Net soybean export sales for the three weeks ending 24 October totaled 4.741 MMT with the main destinations being China (2.112 MMT), unknown (550,800 MT), Mexico (284,100 MT), Russia (270,600 MT), Indonesia (238,900 MT), Taiwan (202,000 MT), Japan 83,600 MT), Spain (137,800 MT), the United Kingdom (127,200 MT) and Thailand (89,500 MT). These sales confirmed soybean export sales to date in 2013/14 to 32.305 MMT with 7.018 MMT of that already exported. Combined unshipped sales and exports a year ago totaled 25.822 MMT. Last year, U.S. soybean export sales were off to a very rapid start because of sh...
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...
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.