There have been mixed reactions in India regarding the finalization of the 12-nation Trans-Pacific Partnership (TPP) agreement. While it is still to be ratified by the parties to the pact, many Indians are worried as the country still has a number of trade barriers via tariffs and is not providing market access. Lower Soy Production Estimates Lead to High Prices The production estimate for the 2015/16 kharif season soybean crop has been lowered by the Soybean Oil Processors Association (SPOA) to 8.643 MMT (harvested from 11.065 million hectares with an average yield of 781 kg/hectare). The government of India (GOI) initially forecast it at 11.83 MMT. SOPA had estimated the 2014/15 crop at 9 MMT. The carryover from that year’s production 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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
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...