Although the estimated average utilization rate of the major soybean processors is trending upward, China’s soymeal inventories continue to fall as feed demand has increased sharply in the past few weeks. Oilseeds Soymeal Inventories Continue to Fall As Demand Rises Although the estimated average utilization rate of the major soybean processors is trending upward, China’s soymeal inventories continue to fall as feed demand has increased sharply in the past few weeks. Last week’s estimated total dropped to 708,100 MT, a 70,300 MT (-9.03 percent) decline from the previous week and 201,800 MT (-22.18 percent) lower than the same week in 2014. Among the surveyed regions, soymeal inventories increased 21.13 percent in the northeast to 43,400...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.