China’s announcement that it was conducting an ant-dumping investigation of U.S. DDGS exports has impacted local importers' decisions, but other markets are compensating for the loss of sales there. U.S. DDGS Exports to China Continued Decline in March U.S. Census Bureau export data released this week showed U.S. DDGS exports to China continued to fall in March and totaled only 121,619 MT, the lowest amount thus far in the MY 2015/16. The decline is a result of China’s announcement that it was conducting an ant-dumping investigation of these particular imports from the U.S. Rather than be subject to paying such duties for past shipments, some importers appear to have simply chosen to avoid importing U.S. DDGS.U.S. DDGS exports to China to...
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: 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...