While the market is accounting for the pending huge Argentine soybean crop, uncertainty surrounds what farmers will do with the soybean stocks they currently hold. Their decision to retain these unusually large quantities has not been painless. Large U.S. Soybean Export Sales Last Week to China Today's USDA export sales report showed unexpectedly large old crop soybean export sales last week, mainly to China. Net sales totaled 745,500 MT, far above the range of analyst estimates of 250,000-450,000 MT, with 603,300 MT of that purchased by Chinese buyers. Anticipating sizable cancellations of sales to China, many in the trade will clearly find the volume of new sales to that destination surprising. Other buyers of U.S. soybeans last week fo...
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.