No matter what corn yield and production numbers one might use for the U.S. 2014 crop, they will set new records by wide margins. This crop shows the kind of response that can be obtained when the latest corn seed varieties are matched to a growing season with near perfect weather. USDA is scheduled to release a battery of reports 12 January. These will include the USDA/NASS final (unless later revised) U.S. crop production estimates, the initial estimate of U.S. winter wheat acreage, quarterly stocks of U.S. grains and oilseeds as of 1 December and the updated U.S. and world supply/demand estimates for January. With such an array of fresh fundamental inputs from USDA, the January report day is always one of the most important of the year f...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.