Although soymeal imports for Australia and New Zealand have rapidly increased since 2000/01, the interesting change has occurred in both countries' preferred source of stocks. Rising Soymeal Imports for Australia and New Zealand Do Not Include U.S. Origin I am traveling in Australia and Thailand this week to participate in conferences organized for the U.S. Soybean Export Council and U.S. Grains Council. This is an opportunity to speak with people in the animal production sectors of these two growing market regions and should be very instructive.The soymeal market in Australia and New Zealand is quite interesting as the former grows very few soybeans and the latter almost none. Consequently, the two countries must rely on soymeal imports...
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...