The American Chamber of Commerce in China complained this week about the government’s slow approval process regarding new biotech crops, which most notably impacts the soybean sector. There is also a potential development that could worsen the situation. Low Pulse and Soybean Prices Drive India’s Farmers to Alternative Crops The government of India conducted a campaign last year to convince farmers there to plant more pulses and oilseeds to alleviate domestic shortages that caused high prices. Farmers responded by sharply boosting pulses production 35 percent to 22 MMT and oilseed production by a third to 34 MMT, which had been the predictable results. In the past six months, the price of pulses has dropped about 40 percent and that of so...
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.