China's Alfalfa Imports Continue to Grow China's January-June 2013 alfalfa imports reached 319,500 MT, a nearly 63 percent increase year on year, according to China customs. U.S and Canada are the top two suppliers and account for as much as 94 percent of the total imports.China's domestic alfalfa supply has been declining due to insufficient processing capacity, export demand, declining planting areas in top production provinces, rising grain prices and lack of favorable governmental policies. The demand for alfalfa, however, continues to grow as the Chinese government is seeking to rebuild its dairy industry. China is now the most important buyer of dairy cows worldwide. Additionally, investors from countries such as Germany and New...
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.