Because the U.S. has an overwhelming share of the soybean, soymeal and soyoil imports by other countries in the Caribbean, Central America and Mexico, there is no reason to believe the same situation would not be the case with Cuba in a normalized environment. Chinese Buy Soybeans; Government Approves Biotech Soybeans It appears Chinese soybean crushers quickly followed up in Tuesday's agreement to buy 1 MMT of U.S. soybeans for shipment in 2015 by purchasing more than that amount. USDA stated today that U.S. exporters yesterday reported selling 1.5 MMT of soybeans for shipment to China in 2015/16. As I noted on Tuesday, the ceremony held that day to announce a commitment to purchase 1 MMT of U.S. soybeans in 2015 was much ado about nothi...
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
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.