The European Feed Manufacturers Association (FEFAC) indicates compound feed production in the EU-28 declined 1 percent in 2016 to 153.4 MMT, largely because of two factors. Muddy Roads Slow Brazilian Soy Exports Via Amazon River Exporting firms have added a number of elevator, barge and export facilities in northern Brazil over recent years to handle soybeans from Mato Grosso and nearby provinces. In particular, they have invested in barge loading facilities in Mirituba on the Tapajos River for the receipt of soybeans by truck for barge transport to export elevators on the Amazon River at Santarem and on the Atlantic. The Brazilian government expected 25 percent of the country’s soybean exports this year would be exported through northern...
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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...