The 2014 crop year was an exceptional one for rapeseed in the EU-28. Total production this year is estimated at 23.93 MMT by Oil World and 23.5 MMT by USDA, both record highs. Large Soybean Export Inspections Last Week Yesterday's USDA Grain Inspections Report indicated U.S. soybean exports are off to a very fast start this year despite a later-than-normal harvest. U.S. inspections for the week ending 16 October totaled 1.991537 MMT, and 1.334121 MMT of that were shipments destined for China. Those accounted for 67 percent of total inspections or the equivalent of more than 24 Panamax loads. Not bad for a week.Inspections of shipments in containers appear to have totaled 103,938 MT including 45,150 MT for Taiwan, 23,650 MT for Indonesia...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.