Soyoil Consumption Continues to Grow China's 2011/2012 edible oil consumption stands at 22.7 MMT, nearly a 1 percent increase year on year. Of that amount, soyoil consumption takes up 56.22 percent, up from 54 percent in 2010/2011 and 36 percent in 2001/2002. China's soyoil imports in 2012 increased to 1.83 MMT, as much as 61 percent year on year. In contrast to boosted soyoil demand, rapeseed oil consumption has shrunk because of falling domestic rapeseed production and government regulation on the illegal use of waste cooking oil. It is estimated that the country's per capita edible oil consumption is likely to increase from its current 18.3 kilograms to reach about 23.4 kilograms per year by 2020. Two-thirds of that projected amount w...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.