DRC Projects Corn Imports Could Reach 20 MMT by 2020 A researcher with the State Council Development Research Center (DRC) projects that China's corn production will increasingly fall short of demand, with imports projected to reach 20 MMT based on current trends. Speaking at the 22 March 7th JC Intelligence Co. Feed Raw Materials Seminar in Hainan, Cheng Guoqiang pointed to soaring use of corn for industrial purposes as the primary driver in the rising grain shortfall, noting that use by processors (mainly for starch and ethanol) has risen 40 percent in just three years to an estimated 45-50 MMT.The remarks are a continuation of DRC's message in recent months that rising corn imports may have negative consequences for market stability and...
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.