Because of a smaller than normal soybean crop in 2013 that was also of poor quality, India is facing a shortage of soymeal this year to feed its domestic animal sector and has taken the unusual step of purchasing a 50,000 MT cargo of Argentine origin. Argentine Soymeal Headed to India A breakdown of the ships loading at Argentine ports yesterday showed a 50,000 MT cargo of Argentine soymeal has been sold to India by Nidera. As far as I am aware, this is the first soymeal shipment to India in several years. India normally exports sizable quantities at this time of the year, but not in 2014. Because of a smaller than normal soybean crop in 2013 that was also of poor quality, the country is facing a shortage of soymeal this year to feed its...
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: 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...