Reports out of Brazil indicate a deal still has not been reached between exporting companies and Monsanto regarding the collection of royalties on its insect-resistant Intacta soybean event. This is an issue that needs to be resolved soon in order to avoid more problems down the road for life science companies and exporters. China's Soymeal Exports Slow in September After exporting record amounts of soymeal between January-August of this year at an average monthly rate of 225,119 MT, China saw its soymeal exports slow in September to a total of 77,968 MT. That was 9.3 percent above exports in September 2013. The main markets for China's soymeal in September were Japan (31,812 MT) and South Korea (21,361 MT). Its soymeal exports in the fir...
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...