Why has the U.S. sold almost five times as much soymeal for export in the next marketing year than the average sold in the previous three marketing years at about the same date? U.S. New Crop Soymeal Export Sales Off to Record Pace USDA yesterday announced U.S. exporters had reported sales of 172,000 MT of soymeal to the Philippines for shipment in 2014/15. It is one of the largest single day soymeal export sales that I can recall, but not out of line with the U.S. pattern in this particular category so far in the current year. Yesterday's announcement brought combined U.S. soymeal export sales for shipment to all destinations in 2014/15 to 1.9206 MMT. Of that amount, 415,500 MT have been sold to the Philippines and 1.1112 MMT to unknown...
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
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.