While China's President Xi is driven to implement economic and agricultural policy reforms that will deleverage the Chinese economy and take away the loose credit that has resulted in real estate and stock market bubbles, there is internal division. Oilseeds Soymeal Inventories Drop Again As feed demand from the downstream market has remained brisk, last week’s estimated soymeal inventories fell 10,000 MT to 620,000 MMT (-1.58 percent) or 105,600 MT lower than the total for the same week a year ago. They showed different week-on-week trends across the key regions. The estimated inventories rose to 75,100 MT (+5.99 percent) in northeast China from the previous week but dropped to 74,000 MT (-10.97 percent) in north China. They also fell i...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...