Because the U.S. has an overwhelming share of the soybean, soymeal and soyoil imports by other countries in the Caribbean, Central America and Mexico, there is no reason to believe the same situation would not be the case with Cuba in a normalized environment. Chinese Buy Soybeans; Government Approves Biotech Soybeans It appears Chinese soybean crushers quickly followed up in Tuesday's agreement to buy 1 MMT of U.S. soybeans for shipment in 2015 by purchasing more than that amount. USDA stated today that U.S. exporters yesterday reported selling 1.5 MMT of soybeans for shipment to China in 2015/16. As I noted on Tuesday, the ceremony held that day to announce a commitment to purchase 1 MMT of U.S. soybeans in 2015 was much ado about nothi...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.