Commodity Analytics shows the most recent data for grain export sales and shipments along with historic patterns. Current deviations from historic norms point to changing export opportunities for U.S. products. U.S. wheat exports are analyzed as a share of global exports and presented in graphical form.The U.S. has shipped 138,400 MT of soyoil to South Korea thus far in MY 2016/17 versus 64,800 MT a year ago. The reason for the increase is related to another country's crop. Delayed Monsoon Slows India’s Soybean Plantings Soybean plantings in the key Indian states of Madhya Pradesh and Maharashtra are currently delayed because of the monsoon’s slow arrival. It normally covers most of the two states by mid-June but has not yet landed there...
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
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.