Dow AgroSciences has decided to not release its Enlist soybeans for commercial production in order to prevent the soybeans from getting mixed in cargoes destined for China and thereby disrupting U.S. soybean exports to that country. Argentine Soymeal Headed to the U.S. With U.S. farmers in the process of finishing a record U.S. soybean crop harvest, one would normally not even consider the possibility that the U.S. would be importing soymeal from Argentina. However, that apparently is the case with trade reports indicating up to four cargoes have been purchased by animal feeders in the Southeast. Argentine trade sources told Reuters the soymeal will be shipped to the Gulf, but U.S. traders said the meal would be shipped to Wilmington, Nor...
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
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.