A Report from NOPA Annual Meeting I have been fortunate enough to be in warm Florida, where I attended and spoke at the annual meeting of the National Oilseed Processors Association (NOPA) this week. This year the meeting focused on the swine and poultry sectors, which are the buyers of the soymeal produced by NOPA members. Speakers at the meeting included individuals from one of the nation's largest chicken producers and one of the largest swine producers. Other speakers were from the market development organization promoting U.S. exports of pork, poultry meat and eggs, and soybean products.It was appropriate for the NOPA program to focus on domestic livestock and poultry production as well as exports of pork, poultry meat, and soybean...
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...
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...