In a surprising turn of events, Chinese regulators recently lifted the ban on U.S. DDGS that had been set in place in October over concerns regarding the detection of unapproved GM corn strains. Oilseeds Soybean Imports Surge as 2015 Begins Despite the ongoing labor impasse affecting U.S. West Coast ports, soybean imports continued to keep pace with prior projections. Estimates from some Chinese traders place December shipments at 8 MMT. Our estimate, based on telephone surveys with traders in eastern China, remains at 7.5-7.6 MMT for the month. In either case, the strong volume means that 2014 total soybean imports will reach 70 MMT, which would amount to a third consecutive year-on-year increase of 5 MMT.The early signs for the first q...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...