The political mood of the transportation and port industries might play a bigger role in the soybean supply and demand situation than record crop production and supplies.WPI and others have written often in recent weeks about the resiliency of the soybean market in the face of a record world production that will also lead to a record buildup in world soybean supplies. The unexpected strength in soybeans and soybean prices has been the result of many things including:
Record demand from China. It seems that USDA and every other analyst continues to underestimate the country's demand for protein. A slower pace of China's economy, poor domestic crush margins and a host of other excuses that are supposed to explain why demand growth should a...
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...
