Today's USDA export sales report showed a pronounced slowdown in net new export sales of soybeans and soybean products. With Brazil now harvesting its new crop and offering lower prices, it clearly is time for new U.S. export sales to wane. A Slowdown in U.S. Weekly Soy Export Sales Today's USDA export sales report showed a pronounced slowdown in net new export sales of soybeans and soybean products. Net new soybean export sales for shipment in 2013/14 totaled 494,800 MT. That was a 22 percent decrease from last week and an 18 percent decrease from the four-week average. Net new soymeal export sales last week for shipment in 2013/14 totaled only 68,300 MT. That was a 72 percent decline versus last week and a 59 percent decline from the fo...
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.