Oilseeds Soymeal Inventory Rebounds on Stepped-Up Crushing Activity As new shipments of imported soybeans from Brazil continue to arrive here in August, crushing facilities, particularly those in Guangdong, Guangxi, the Northeast and Shandong, have stepped up their output. China’s estimated soymeal inventory thus climbed sharply to reach 1.264 MMT as of 17 August 2018, up 105,700 MT (+9.1 percent) versus the week before and 77,100 MT (+6.5 percent) higher than the same week in 2017. There were increases across all regions except for a decline of 8,000 MT (-34.8 percent) to 15,000 MT in Fujian. Meanwhile, the largest weekly improvements in relative terms occurred in the Northeast and Shandong Province with gains of 24,700 MT (+32.9 p...
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.