China's Soymeal Price Sees Upward Pressure Moving Forward China's cash soymeal price fluctuated lower the week of 28 October because of the ample bean supply and weakened demand from the livestock and aquaculture sectors. China Customs estimates that soybean imports may be 4.5-4.6 MMT for October and reach a total of 12-13 MMT for November and December. Rising soybean imports boost the soymeal supply and put pressure on the prices. On the demand side, livestock feed demand peaked by the end of September and early October, and it is unlikely that there will be another one until the end of this year, or early next year before the Chinese New Year. China's aquaculture farming will also slow down upon entering winter. Soymeal speculation dec...
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 €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.