China's Ministry of Commerce today raised its forecast for the country's April soybean imports. However, the recent defaults on soybean imports and rumors of more to come may result in fewer numbers. China to Import 6.9 MMT of Soybeans in April, Many Rumors China's Ministry of Commerce today raised its forecast for the country's April soybean imports from 5.11 MMT to 6.9 MMT. At the same time, it reduced its estimate of March soybean imports from 5.69 MMT to 4.12 MMT. The ministry is now forecasting April imports of soyoil at 42,000 MT, palm oil at 330,100 MT, rapeseed at 386,400 MT and rapeseed oil at 89,300 MT.One wonders whether all of the 6.9 MMT of soybeans forecasted for import in April will actually be transacted. The recent defaul...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.