Higher USDA Soybean Inspections Last Week USDA reported on Monday that 679,379 MT of U.S. soybeans were inspected for export last week, up 44.3 percent from the previous week. Of that amount, 216,040 MT were destined to China. It was notable that 115,652 MT were out of the Gulf as relatively few soybean cargoes are normally shipped from there to China at this time of the year. The inspection of containerized soybeans for shipment totaled 77,478 MT last week, all destined to Asia. Lower Canadian Plantings of Canola and Soybeans Expected Statistic Canada last week reported the results of its prospective plantings survey, which found Canadian farmers plan to plant 21.383 million acres of canola in 2018, down from 22.391 million acr...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.