Grain and feed values will obviously be down in 2014, while oilseed export values are projected upward based on higher prices and strong early year sales of soymeal and soybeans.USDA released its FY 2014 projected ag trade exports yesterday that shows a drop from the exports record value of $140.9 billion in 2013 to a projected $137 billion in 2014. It also projects imports to be at $109.5 billion, leaving the U.S. ag trade surplus at its lowest since 2009.Much of the decline is related to price. Grain and feed values will obviously be down in 2014, while oilseed export values are projected upward based on higher prices and strong early year sales of soymeal and soybeans. Livestock, dairy and poultry are up on value and volume to a new reco...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.