U.S. Soy Export Sales Highlights Today’s USDA/FAS export sales report for the week ending 16 September indicated exporters of U.S. soybeans and soymeal had reasonably good success selling soybeans and soymeal for export during the week. However, as expected export sales and exports of soyoil were minimal. Net sales of soybeans for export totaled 902,900 MT for shipment in 2021/22 and 10,000 MT for export in 2022/23. The top sales for 2021/22 were for China (624,200 MT), Mexico (85,300 MT), Egypt (58,000 MT), Japan (43,700 MT), and the Netherlands (30,800 MT). Those sales and others were partially offset by reductions of 132,000 MT for China and 800 MT to unknown destinations. The sale for shipment in 2022/23 were for unknown destina...
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.