Today's USDA export sales report confirmed the continued seasonal trend in U.S. exports of soybeans, soymeal and soyoil. Meanwhile, Brazil's wildca trucker strikes appear to have ended after costing several sectors a great deal of money. Minimal Indian Soymeal Exports in February India exported only 64,514 MT of soymeal in February, according to that country's Solvent Extractors Association. That was a 39.2 percent decline from 104,426 MT in January and almost a 65 percent decrease from 183,550 MT in February 2014. The country has exported only 502,649 MT since 1 October 2014. In the same period a year earlier, the total volume was 1.6853 MMT.India's soymeal exports have fallen so sharply this year because of a smaller-than-normal soybean...
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.
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...