According to China Customs, soybean stocks in major Chinese seaports reached 5.57 MMT as of 10 March, an increase of 10,000 MT from the previous month. Oilseeds China 's February 2014 Soybean Imports China imported 4.81 MMT of soybeans in February 2014, down 19 percent from 5.91 MMT in January. Its total soybean imports in January and February reached 10.72 MMT, an increase of 40 percent from the same period last year. With the forthcoming South American harvest, China's March imports are expected to follow current growth trends with the first quarter projected to exceed 16 MMT. Domestic Soybean Procurement Has Accelerated According to the State Administration of Grain, domestic soybean purchases for the state reserve in six major prod...
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: 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...