Government and industry officials in Brazil believe that country will be a big winner as a result of the Trump administration’s decision to withdraw from the Trans-Pacific Partnership (TPP). China Imported 83.913 MMT of Soybeans in CY 2016 China’s General Administration of Customs yesterday indicated the country’s CY 2016 soybean imports totaled 83,913,047 MT (3.083 billion bushels), a 2.72 percent increase versus CY 2015. Imports during December totaled 8,112,419 MT (298.1 million bushels) or 1.36 percent less than in the same month of CY 2015. In descending order, the largest suppliers of these imports last year were Brazil at 38.205 MMT (-4.67 percent against CY 2015), the U.S. at 34.171 MMT (+20.3 percent), Argentina at 8.014 MMT (-15...
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...