Because of the huge drop in India’s exports of non-biotech soymeal, animal feeders in Europe seeking imports of that variety have had to find alternative origins. One country benefitting from these events is China. Argentine Soymeal and Wheat Headed to the U.S. An Argentine ship lineup report that was released yesterday by the NABSA shipping agency indicates the Olympos, carrying a cargo of 24,456 MT of soymeal and 23,494 MT of wheat, departed Argentina this week. While the destination port was not identified, it almost certainly is Wilmington, North Carolina. The swine and poultry producers in the eastern region of that state have annually brought in a few cargoes of wheat and soymeal to the discharge facility in that port city.With ocea...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.