Today's weekly USDA export sales report once again indicated there was a net decline in U.S. soymeal export sales last week of 22,300 MT. Meanwhile, last week's U.S. soymeal exports totaled 417,300 MT, the greatest weekly volume since 1998 and the third-highest ever. Negative Soymeal Export Sales Again Today's weekly USDA export sales report once again indicated there was a net decline in U.S. soymeal export sales last week of 22,300 MT. The main sales were to Ecuador (58,100 MT including 55,000 MT switched from unknown destinations), Thailand (50,400 MT), Panama (34,000 MT), Venezuela (24,500 MT), Cuba (22,500 MT) and Colombia (22,400 MT). The new sales were more than offset by decreases for unknown destinations (185,800 MT),...
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.