After a strong summer, U.S. pork exports to China came in at 23,905 MT for September with a total value of $50.15 million. These figures were significantly higher than those of the same month a year ago, but they were also notably different against August 2016. Oilseeds U.S. Soybean Exports Set New Record for the Month of September After a slow spring, U.S. soybean shipments to China began to take off in June and have hit overdrive heading into fall. The total was 2.52 MMT this past September, 32.4 percent higher than in August and 136 percent more than the volume during the same month a year ago. In fact, September 2016 figures shattered the previous record of 1.56 MMT that was established in 2012. At a total value of $1.048 billion, th...
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
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.