The European Feed Manufacturers Association (FEFAC) indicates compound feed production in the EU-28 declined 1 percent in 2016 to 153.4 MMT, largely because of two factors. Muddy Roads Slow Brazilian Soy Exports Via Amazon River Exporting firms have added a number of elevator, barge and export facilities in northern Brazil over recent years to handle soybeans from Mato Grosso and nearby provinces. In particular, they have invested in barge loading facilities in Mirituba on the Tapajos River for the receipt of soybeans by truck for barge transport to export elevators on the Amazon River at Santarem and on the Atlantic. The Brazilian government expected 25 percent of the country’s soybean exports this year would be exported through northern...
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.
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...