China's Agriculture Minister Han Changfu has announced government plans regarding future corn plantings that could have an impact on the country's soybean production. China’s Plan to Reduce Corn Area May Impact Soybean Production Chinese Agriculture Minister Han Changfu has indicated that the government plans to decrease corn plantings 9 percent to a total area of 33.3 million hectares (2.3 million acres) by 2020 in order to better balance supply and demand. It wants farmers to replace those plantings with more soybeans, silage crops and other commodities. China currently has as much as 240 MMT of corn in state reserves as a result of guaranteeing high prices for that crop over a number of years. According to the ag minister, however, it...
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...
From WPI Consulting
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.