Although U.S. corn exports to China saw a modest uptick in July at a total 59,078 MT with FOB port departure value of $9.65 million after consecutive months of no shipments, several factors have reduced market opportunities there for that origin. Oilseeds Soymeal Inventories Continue Downward Trend The nationwide estimated soymeal inventory as of 16 September totaled 552,100 MT, down 54,800 MT (-9.03 percent) from the week before and 655,100 MT lower (-54.3 percent) than the same week in 2015. Soymeal inventories declined across all surveyed regions except North China where they rose to 122,000 MT (9.22 percent) last week. By comparison, they declined in Guangdong and Guangxi to 29,100 MT (-32.79 percent) and 40,800 MT (-2.39 percent), r...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.