China's domestic crushers and traders seem to be welcoming the potential soybean shortage for the next month in order to reverse the profitability issues experienced thus far in 2014. However, this tighter supply situation is not expected to persist for very long. Oilseeds Major China Oilseed Crushers Face a Profit Squeeze China Agri-Industries Holdings Ltd., a publicly traded subsidiary of China National Cereals, Oils and Foodstuffs Corporation (COFCO) and one of the largest oilseed crushers in China, issued a negative earnings guidance in late October. According to the company's unaudited financial results, the firm suffered a loss of approximately $167.4 million (HK$1.298 billion) for the first nine months of 2014 ending 30 September...
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.