Demand for animal feed is on the rise in China as a result of an end to avian flu outbreaks this spring and a recovery in swine profitability. This increase will boost soymeal demand and help make the domestic market more attractive than the export market for most coastal crushers. U.S. Soybean Export Sales for 2013/14 up Sharply Last Week USDA's export sales report of today indicated U.S. exporters last week sold 317,200 MT (11.65 million bushels) of soybeans for shipment in 2013/14. That was a big increase from the 97,900 MT sold the previous week and also quite large when considering USDA's forecast for ending stocks to be no more than 125 million bushels (3.4 MMT). The sales last week for shipment in the current marketing year were pr...
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.