Potentially, the more immediate impact of the value of the U.S. dollar against the currencies of other exporting countries is on the planting decisions of farmers.Grain and soy futures prices have always been affected by what we might call external influences, which in this case refer to factors other than those that make up the usual fundamental supply/demand and technical analyses performed by market analysts. There is a wide variety of external economic and political elements that can have a direct or indirect impact, which in turn may affect potential supplies and demand. This has always been true. Back in the decades when PL 480 aid shipments were a major part of U.S. grain exports, foreign policy considerations often influenced which...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.