There is good reason to devote attention to grain sorghums this year as exports have been soaring with China's huge demand and impacting prices.In USDA's monthly WASDE, the section containing the supply/demand estimates for U.S. feed grains falls under the heading of "U.S. Feed Grain and Corn Supply and Use." This makes it appear that USDA separates corn from other feed grains, which is quite understandable. After all, U.S production of oats, barley and grain sorghum, the other feed grains followed by USDA, amount to only around 5 percent of corn production. In 2014/15, the land area planted to these other feed grains was only about 14 percent of the total planted to corn. Moreover, corn is a national crop that is produced widely across the...
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...
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.