Last week’s domestic corn prices averaged RMB 2,050/MT ($318.50/MT), a slight decline from the previous week. Local traders indicated a similar drop in the prices for corn byproducts, although processors in Jilin continued to earn a profit as a result of certain government action. Oilseeds Soymeal Inventories Rise Once Again Due to the large volume of imported soybean shipments and slack demand from the downstream market, China’s estimated soymeal inventories rose 120,000 MT or 8.9 percent last week to 1.47 MMT. That volume was 820,000 MT higher than a year ago. Among the surveyed regions, total soymeal inventories increased 23.31 percent to 200,800 MT in Guangdong and 19.95 percent to 249,400 MT in Guangxi. In sharp contrast, they fell...
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.
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...