Oilseeds Soymeal Inventory Rises on Higher Demand, Increased Output Soymeal demand improved and output increased last week as hog producers worked feverishly to reach newly established goals from both the central and provincial governments. Through 20 September, China’s nationwide estimated soymeal inventory ended at 766,300 MT, up by 24,300 MT (+3.3 percent) from the previous week. However, over the past 12 months, soymeal inventory is down by 100,100 MT (-11.6 percent). At the regional level, soymeal stocks rose in four regions and fell in three. The most significant weekly decrease occurred in the Northeast, where soybean meal inventories contracted by 11,800 MT (-25.8 percent) to 34,000 MT. Among those regions seeing incr...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...