China's Ministry of Agriculture unveiled the country's 2015-2024 outlook last week with projections and analysis on supply, demand, exports and imports for 18 major crops. Two of the more notable forecasts involve soybean and wheat imports. Oilseeds Soymeal Inventories Fall below 1 MMT The estimated soymeal inventories for China's major crushers totaled 850,000 MT last week, which represented declines of 14.83 percent over the week prior and 62.98 percent against the same period last year. Among the surveyed areas, there were increases of 7.87 percent to 93,000 MT in northeast China and 5.52 percent to 42,000 in north China compared with the previous week. In contrast, the largest drop was 30.98 percent to 79,600 MT in Fujian. With the s...
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.