Market Trends U.S. Ag Exports to China Set New Record for January Even with China’s economy sputtering and the reversal of the zero COVID-19 policy impacting public health, the numbers for this past January were quite extraordinary. With soybean exports driving the bus, the U.S. shipped to China just over 6.91 MMT valued at $4.51 billion for an average FOB price of $651.94/MT. The figures for January were quite close to December’s totals, as the volume was down by just .7 percent, while with the average FOB price rising by $9.53/MT or 1.5 percent, the aggregate value actually improved by .9 percent. That, in turn, resulted in the value for January surpassing the previous record of $3.83 billion set in 2021. Meanwhile, the tota...
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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...