The estimated nationwide soymeal inventory totaled 512,000 MT as of 23 September, down 40,000 MT (-7.26 percent) from the week before and 467,200 MT lower than the same week in 2015. The volume has been dropping for seven weeks in a row, mainly due to one development. Oilseeds Soymeal Inventories Decline Further The estimated nationwide soymeal inventory totaled 512,000 MT as of 23 September, down 40,000 MT (-7.26 percent) from the week before and 467,200 MT lower than the same week in 2015. All surveyed regions had a decline except northern China where estimated soymeal inventories went up to 124,700 MT (2.21 percent). By comparison, they fell in Guangdong and the east to 142,200 MT (-5.51 percent) and 109,900 MT (-10.14 percent), respe...
What You Need to Know Today: The U.S. conducted “self-defense strikes” in Iran and said the two sides are “close” to negotiating a ceasefire. “Close” is a relative term, however, and even if 95 percent of the terms are agreed to, the remaining 5 percent is l...
As we reported on 19 May, China has also committed to the resumption of U.S. poultry imports from states without confirmed HPAI detections. USDA’s Animal and Plant Health Inspection Service (APHIS) has updated its China export restrictions webpage to reflect that China has lifted HPAI-rel...
Key Takeaways: Brazil has been the second-largest producer of fuel ethanol globally, but almost all of it was derived from sugarcane until recently. Corn ethanol production has increased due to expanded second-crop corn production, sugarcane storage limitations, and biofuel policy. Brazil is e...
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.