Data released by China's General Administration of Customs indicated the country imported 32,005,374 MT of soybeans from Brazil, its top supplier, in CY 2014 and 30,024,768 MT from the U.S., a 35 percent increase from that origin over CY 2013. Bad Week for U.S. Soybean Export Sales If the soybean market needed a reminder that the period of major weekly export sales of soybeans is likely to end soon, that message was received today in USDA's weekly export sales report. It indicated exporters last week had net U.S. soybean export sales of 14,100 MT. That was not only a marketing year low but only 1.2 percent of the previous week's net sales. Clearly, buyers in China and elsewhere have shifted their large purchases to South America now that...
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.