A Chinese trading company was found last week to have illegally imported more than 6,000 MT of frozen meat worth about 345 million yuan ($55.6 million). This may be the largest seizure of smuggled frozen meat in China's history. Oilseeds Soymeal Inventories Continue to Drop The major crushers' estimated soymeal inventories decreased to just over 1 MMT last week, declines of 12.65 percent from the week prior and 51.9 percent compared with the same period last year. Among the surveyed regions, the inventories increased from the previous week in both Shandong Province and the northeast by 31.43 percent and 32.43 percent to 100,000 MT and 86,200 MT, respectively. In stark contrast, those in northern China fell 63.08 percent to 39,500 MT comp...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.