There are now reports the EU will soon propose options to deal with biotech crops. One under consideration would allow EU member countries to decide individually whether to will allow their importation. Higher Chinese Soybean Imports Expected Despite Weak Soymeal Demand China has a history of domestic soybean processors and others importing large volumes of soybeans despite the outlook for subdued soymeal demand. Too often this has resulted in a glut of soybeans in the market and development of negative crush margins. It appears that may be the case once again this summer.The general manager of Chinatex Edible Oil Co, Ltd., Guo Feng, told a conference in Beijing today that China's soybean imports are expected to rise to 6.5-7.5 MMT per mo...
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.