The imported corn reserve auction sales are currently expected to reach only 10 MMT through September. Because of the large national corn inventory, this will create huge problems and possibly an impetus to push for reform of the auction system. Oilseeds Soymeal Inventories Rise Beyond 1 MMT As of last week, the soymeal inventories of major crushers reached an estimated 1.06 MMT, a 20.81 percent or 180,000 MT increase from the previous week and a 48.06 percent decline against the same week in 2014. Among the surveyed regions, inventories in northeast and north China fell to 73,700 MT (-9.76 percent) and 30,900 MT (-45.2 percent), respectively, compared with the week before. In contrast, last week's estimated total soymeal inventories for...
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.