Traders say China's soybean crushers currently are losing as much as $65 on every ton they process. They claim the poor margins are a result of China's slowed economy and weak prices for soyoil and soymeal. Chinese Soybean Imports Slow Reuters reports today that traders in Asia believe China's imports of U.S. soybeans could fall as much as one-fourth in the 2014/15 marketing year as a result of negative crushing margins. The traders say China's soybean crushers currently are losing as much as $65 on every ton they process. They claim the poor margins are a result of China's slowed economy and weak prices for soyoil and soymeal.The traders told Reuters that U.S. soybean exports to China in 2014/15 could fall to 23 MMT versus the 27.6 MMT U...
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.