The large soymeal export sales of the past two weeks were made possible by lower prices that were partially caused by a glut of DDGS in the domestic market, which resulted from one country's policy change. Another Good Week for US. Soymeal and Soyoil Export Sales Today’s USDA export sales report showed last week was good for U.S. soybean processors. Net new soymeal export sales in the week ending 2 February totaled 347,700 MT, slightly below the previous week but 35 percent above the past four-week average. The top destinations were Mexico (98,300 MT), the Philippines (97,000 MT), Ecuador (50,000 MT), Colombia (33,000 MT) and Morocco (25,000 MT). Soymeal exports totaled 314,200 MT for the week, a marketing year high. They were primarily d...
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
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.