Industry officials yesterday indicated the Brazilian government is expected tomorrow to increase the minimum amount of biodiesel to be blended into diesel fuel. Evidently, the requirement will be raised from 5 percent to 6 percent on 1 July with anticipation of a boost to 7 percent in November. China Crushing Margins Are Improving, But Still Negative In April of this year, soybean crushers in China were losing about $80/MT on all of the soybeans they processed. This was due to weak soymeal demand, a glut of expensive soybeans in the market and too many soybeans being processed. It was during this period that Chinese importers defaulted on about 500,000 MT of foreign soybeans that had arrived in China or were en route there. The defaults c...
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
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.