Demand Rationing of Soy Not Apparent in Southeast Asia This week I am attending and speaking at the 9th Southeast Asia Agricultural Cooperators Conference in Phuket, Thailand. The annual conference brings together traders, feed millers, animal producers, flour millers, soybean processors and others to hear speakers share their knowledge on many aspects important to the trade. The conference is sponsored by the U.S. Soybean Export Council, U.S. Grains Council and the U.S. Wheat Associates.Based on conversations I have had here thus far, it appears the high prices of soybeans and soymeal are not having much impact on demand. In the last couple of weeks, feed millers in Thailand have purchased about 1 MMT of soymeal. A large share of that i...
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
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.