U.S. farmers must soon make their 2015 crop revenue insurance decision, and it is likely that they will take reduced coverage per acre in reaction to certain financial considerations that could also impact production.Weather will now start to play a more important role in the markets. Temperatures across the western half of the U.S. have been 20-30 degrees above normal the past 10-14 days. This has totally melted any snow cover all the way into Canada. Having that occur this early automatically means temperatures will be above normal for this time of the year. 70°F in Fargo on 12 March set a new record. In fact, temperatures this warm and this early have only happened twice before in history. That will also break the hard red winter wheat c...
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.