Oilseeds Soymeal Inventory Surges as Prices Decline The steady buildup of imported soybean stocks, falling live pig prices and a decline in the prices for soymeal have driven demand for the latter downward. The net effect was a rise in soymeal supplies in all regions last week. This pushed the nationwide inventory up 165,100 MT (+21 percent) to 950,200 MT as of 20 April 2018, the highest level since the end of September 2017 and 231,000 MT (+32.1 percent) more than a year ago at the same time. At the regional level, the largest weekly increases were the gains of 31,400 MT (+21.7 percent) to 176,200 MT in Shandong Province and 30,900 MT (+56.2 percent) to 85,900 MT in the North. While the national total number was a surprise, the softer me...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.