India Oil Meal Exports Up Oil meal exports of 2.043 MMT for April-November were almost 10 percent higher versus 1.855 MMT for the same period last year. October 2018 was the start of the soymeal season, and nearly 0.367 MMT were exported in the two-month period since then, up 32.73 percent from 0.278 MMT during October-November 2017. The increase is partly attributable to the 10 percent export incentive for soymeal. For April-November 2018, those exports increased nominally and totaled 0.785 MMT against 0.768 MMT at the same time a year ago. Of the total exports in that eight-month period this year, Iran and France were the largest importers at 0.199 MMT and 0.137 MMT, respectively. Meanwhile, the current domestic soymeal price is $3...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.