Last Friday's USDA export sales report only served to re-affirm the torrid pace of U.S. soybean and soymeal exports in the current marketing year. It is becoming increasingly clear that there have to be sizable cancellations of U.S. soybean export sales to manage supplies. U.S. Soy Exports Set Torrid Pace Last Friday's USDA export sales report only served to re-affirm the torrid pace of U.S. soybean and soymeal exports in the current marketing year. The report shows that U.S. soybean exports in 2013/14 totaled 28.17 MMT (1.034 billion bushels) as of 16 January. This was 14.5 percent ahead of the pace from a year ago. Unshipped export sales of U.S. soybeans on 16 January totaled 13.979 MMT (513.6 million bushels) versus 8.352 MMT (306.8 mi...
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.