Parts of Brazil Soybean Area in Need of Rain Most the soybean growing areas of Brazil are apparently in good condition with adequate rainfall. However, in two areas – Northeast Brazil and Rio Grande do Sul - soybeans are suffering from dryness and need rainfall. In northeastern Brazil (Maranhao, Piaui, Tocantins and Bahia) the monsoon rains have started later than normal and rainfall has been spotty and light. Unless the rains pickup very soon it is likely some of the planned soybeans will not get planted. Apparently, some farmers will plant more drought-hardy grain sorghum or nothing at all as it is getting close to being to late to plant. In Rio Grande do Sul some areas have not received significant rainfall in a mont...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.