What analysts have missed, or at least ignored, is that China replaced U.S. corn imports with U.S. sorghum over the past 12 months on an almost one-for-one basis before its recent approval the MIR162 corn variety.China's rejection of the Syngenta GM corn variety MIR162 a year ago dominated the headlines for a long time because of its impact on U.S. corn exports to China. That was one of the major bearish market factors of the past 12 months. It was news again last week when China finally decided to approve the variety. Many believe this will open the door for U.S. corn shipments to China and that DDGS exports will also continue. What analysts have missed, or at least ignored, is that China replaced U.S. corn imports with U.S. sorghum...
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.