China is seeking to increase corn imports from Europe with 36,700 MT arriving last week from Bulgaria, the first bulk shipment of non-GM corn since the two countries signed a corn trade agreement. Oilseeds Crushers Continue to Feel the Squeeze A local research firm's recent market study indicated that China's oilseed crushing industry is estimated to lose as much as 26 billion RMB ($4.3 billion) for the first three quarters of 2014. If that trend continues into the fourth quarter, this will be the fifth consecutive year that the industry as a whole has suffered a significant financial loss.As it now stands, the market fundamentals do not bode well for China's oilseed crushers. Despite shrinking stocks and declining imports since m...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...