Oilseeds Soymeal Inventory Rises Above 1 MMT China’s nationwide estimated soybean inventory surpassed 1 MMT for the first time since the end of last August, adding 78,600 MT (+8.1 percent) to finish at just over 1.05 MMT as of 26 January 2018. It was also up 367,900 MT (+53.8 percent) versus the same week a year ago. At the regional level, there were stock increases everywhere except in the Northeast and Guangxi, which had declines of 2,500 MT (-5.3 percent) to 44,700 MT and 6,400 MT (-14.2 percent) to 99,400 MT, respectively. Looking ahead, these inventories should remain high. Brazil’s soybean crop is expected to be second in size to last year’s record, and that could put downward pressure on meal prices starting in N...
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.