With the planting margin spread between corn and soybeans steadily widening, Chinese farmers have been less willing to dedicate land to the latter crop. A few provincial governments are now initiating a program to address the issue. Oilseeds Soymeal Inventories Continue to Decline As of the end of last week, the estimated soymeal inventories for major crushers dropped 60,000 MT to 790,000 MT, a 7.51 percent decline from the previous week and 65.71 percent lower than the same week in 2014. Among the surveyed areas, they decreased sharply in North China and Shandong District to 10,000 MT and 80,000 MT, respectively. In contrast, the totals were higher in southern China than the north due to a large volume of new soybean imports. The s...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.