It is particularly interesting that the U.S. has not seen a drop-off in soymeal exports to the EU in 2013/14. U.S. Soymeal Export Sales and Shipments Very Impressive Before the current marketing year began, there was a general view that U.S. soymeal exports would drop sharply in 2013/14 because of larger supplies in South America. The U.S. exported about 10 MMT of soymeal in 2012/13, and many believed the reason was the poor soybean crops in southern Brazil, Paraguay and Argentina in 2012. However, the U.S. has not seen a decline in soymeal exports even with record soybean crops in South America in 2013.Today's USDA export sales report indicated U.S. exporters last week reported net export sales of soymeal for 2013/14 of 307,800 MT as wel...
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.