The drop in soybean prices over the last year has obviously helped to boost global soybean demand. However, the increase in global consumption predicted for 2015/16 now has to be questioned because of several factors. U.S. Biodiesel Production Reached 122 Million Gallons in June The U.S. Energy Information Administration (EIA) yesterday indicated U.S. biodiesel production in June reached 122 million gallons, an increase over May's 116 million gallons. 474 million pounds (215,005 MT) of soyoil were used to produce the June total, up from 443 million pounds (200,943 MT) in May. Soyoil accounted for 52 percent of all biodiesel feedstocks for that month. Korean Feedmill Group Issues Tender for Soymeal South Korea's Major Feedmill Group has...
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...
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.