USDA’s outlook for 2024/25 U.S. soybeans is for higher supplies, increased exports, and higher ending stocks. The soybean crop is projected at 4.45 billion bushels, up 285 million on higher area and trend yield. U.S. ending stocks for 2024/25 are projected at 445 million bushels, up 105 million from last year. The 2024/25 U.S. season-average soybean price is forecast at $11.20 per bushel compared with $12.55 per bushel in 2023/24. Domestic soybean meal disappearance is forecast to increase 3 percent from 2023/24 on increased pork and poultry production. U.S. soybean meal exports are forecast at 17.3 million short tons, indicating a 21 percent share of global trade, compared to the prior 5-year average of 19 percent. The soybean...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.