Pakistan has traditionally sourced most of its soymeal from India and more recently from Argentina. A combination of factors has now caused Pakistani buyers to apparently decide that they will need to purchase U.S. stocks in order to assure themselves of the supply needed. Pakistan Purchasing U.S. Soymeal A combination of uncertainty about the size and quality of India's 2014 soybean crop and expectations of a huge U.S. soybean crop has led soymeal importers in Pakistan to purchase at least 1 cargo of U.S. soymeal. The volume is about 40,000 MT and reportedly was purchased this week for shipment in December. Pakistani buyers are also said to be negotiating for additional shipments from the U.S. for shipment in January and February 2...
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: 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...