Oilseeds Sharp Correction in Soymeal Inventory With China’s soybean imports down sharply last month versus December 2017, the nationwide estimated soymeal inventory fell substantially last week as sales activity ramped up to prepare for the Chinese New Year. As of 11 January, that inventory totaled 1.007 MMT, a decrease of 223,700 MT (-18.2 percent) from the previous week but 123,900 MT (+14 percent) higher than a year ago. Breaking with the pattern from previous weeks of significant variability in the week-on-week increases and decreases at the regional level, there were declines across the board last week. This was most notable in the North and Northeast, which experienced drops of 41,700 MT (-35.2 percent) to 76,800 MT and 30,000...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.