Since early March 2015, the average soymeal price has been on a constant downward slide. We expect this trend to continue, as demand from downstream users has not shown any signs of improvement. Oilseeds Soymeal Inventories Fall Below 1 MMT Last week’s estimated soymeal inventories for major crushers in China dropped to around 0.93 MMT, a 139,800 MT (13.03 percent) decrease from the week prior. Compared with the same week in 2014 when soymeal inventories exceeded 3 MMT, current inventories are 54.09 percent lower. Among the surveyed regions, last week’s total estimated soymeal inventories in the North and the Northeast increased by 55.49 percent and 40.45 percent, respectively, from the previous week. Meanwhile in Fujian and Shando...
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.