Noble Group to Build Soybean Crush Plant in Paraguay An official with a Paraguay industry group (CAPPRO) today said Noble Group plans to build a soybean crushing plant on a 60-hectare site at the river port of Villeta. The company will soon start operating a $16 million ship loading terminal at the site. Noble Group has not confirmed it intends to build the plant, but the CAPPRO official says it is planned.ADM is scheduled to begin operating its own soybean crushing plant in Villeta very soon, and Louis Dreyfus also is opening a crush plant. While the size of the Noble plant has not been indicated the industry group officials said that when the ADM, Noble and Louis Dreyfus plants are operating it will boost the country's annual soybean c...
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...