There have been reports that Chinese crushers are seeking to cancel or resell up to 30 cargoes of South American soybeans due to poor margins. Chinese Soy Buyer Seeking to Resell Brazilian Soybeans to U.S. Crushers Reports indicate a major Chinese soybean crusher is seeking to resell five or six cargoes of Brazilian soybeans to a U.S. reseller. These total about 360,000 MT and were purchased for shipment in April and May. The original buyer does not want to take delivery because Chinese soymeal demand is poor as a result of avian flu outbreaks and low or negative swine production margins. An official of the Chinese crusher indicated to a reporter that it was likely the sale to the U.S. crusher will be finalized soon. There have also been...
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
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.