Following China's approval of the Syngenta corn event last December, U.S. DDGS imports to that country have resumed steadily. However, some in the trade fear the Chinese government will find another excuse to limit such imports (and perhaps sorghum) if certain conditions develop. U.S. DDGS Exports to China Returning to Normal U.S. DDGS exports to China dropped sharply beginning last September after that country found evidence of some stocks derived from a Syngenta biotech corn event it had not approved. This was a significant decrease from 580,907 MT in June 2014 to a low of only 4,689 MT in November. Most of the decline was offset by increased exports to other countries, but there is little doubt that the loss of exports to China did sub...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.