The National Oilseed Processors Association (NOPA) today released a surprisingly large soybean crush report for March that was the main reason soybean futures rose by 1.3 percent today. NOPA Report Shows Very large Soybean Crush in March The National Oilseed Processors Association (NOPA) today released a surprisingly large soybean crush report for March that indicated members crushed 153.84 million bushels (4.187 MMT) of soybeans last month. That was up from the 141.612 million bushels (3.854 MMT) crushed in February and 12.2 percent greater than the 137.08 million bushels (3.73 MMT) crushed in March 2013. It was the largest March crush volume since 2001. The average estimate of analysts surveyed by Reuters was for the NOPA crush volume t...
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.