After several months of very profitable crush margins, the Chinese soybean crushing industry has seen margins collapse to very unprofitable levels in the last few weeks. China's COFCO Apparently Seeking to Buy Major Stake in Nidera Reuters reported today that China National Cereals, Oils and Foodstuffs Corporation (COFCO) is in advanced talks to buy a major stake in the Dutch grain trader Nidera. COFCO, a state-owned enterprise, is a large soybean processor in China and is expanding into feed milling and swine production. A source in Asia indicated that it wanted to acquire a majority stake in Nidera and may be willing to pay $2 billion to do so. By purchasing a large share of the company, COFCO would gain direct access to soybean and cor...
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.
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...