U.S. DDGS export shipments to China in March fell to their lowest level since December 2014. However, the steady drop since last July suggests that the dramatic decline has more to do with quality issues than the more recent fluctuating regulatory policies of Chinese government authorities. Oilseeds Soymeal Inventories Fall Sharply Since the week ending 22 April, China’s estimated soymeal inventories have declined by 290,000 MT (-31.5 percent) to 630,000 MT and were 75,000 MT lower last week than the same week in 2015. Furthermore, they fell across all surveyed regions last week. In northeast and north China, estimated soymeal inventories dropped to 70,800 MT (-13.67 percent) and 83,100 MT (-11.17 percent) last week, respectively. Meanwh...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.