If the EU proposal to allow member states to individually opt out of allowing the importation and consumption of biotech crops is adopted, there could be serious consequences for Germany and the Netherlands. ADM to Add Soybean Crushing Capacity at North Dakota and Ontario Plants ADM yesterday announced its plans to add soybean crushing capability at its softseed crushing plants in Enderlin, North Dakota and Windsor, Ontario. The Enderlin plant currently crushes sunseed and canola, while the Windsor plant handles canola. Most likely, the main additions to the plants will be dehullers for soybeans.Adding this new capacity will give the company flexibility to shift into crushing soybeans when margins for that oilseed are better than for soft...
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.